Sesame Bankhall Group (SBG) has appointed David Wright to lead its exit consulting service to help advisers looking to sell their business.
Wright joins from Compre Group, where he was senior mergers and acquisitions (M&A) associate, and has also worked at One Four Nine Group and Ernst & Young.
He will report to Claire Cherrington, director of PMS and Bankhall.
The new exit consulting proposition will support directly authorised advice firms through every stage of selling, from preparation to identifying buyers.
The model is focused on seller side representation, aimed at helping firms start, run, grow and exit.
Wright said: “It’s a great time to be joining SBG as the business expands its support for directly authorised firms.
“There’s huge demand from both buyers and sellers – but many IFA firms aren’t prepared for a sale, which can limit their value and options.
“Our exit consulting proposition is different because we’ll be working directly with sellers – helping them maximise the value of their business through a targeted action plan focusing on areas such profitability, quality of data and compliance – before ultimately presenting a business that’s attractive and aligned to the right buyer.”
Cherrington said: “We’re delighted to welcome David. He brings a wealth of experience in M&A, succession planning, and financial services and joins our team as we prepare to launch a brand-new service for firms thinking about a potential exit.
“Our new exit consulting proposition is designed to support IFA business owners who are considering a sale – whether that’s in the next 12 months or five years away.
“David will be working side-by-side with firms, helping them get sale-ready, grow the right way, and maximise their business value.”
Cherrington added: “With an extensive directly authorised client base through PMS Mortgage Club and Bankhall, SBG is uniquely positioned to support firms navigating their next step.
“We’re committed to bringing together deep industry knowledge and hands-on support to help owners take control of their exit on their terms.”
