Independent Financial Advisers (IFAs) are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products from the whole of the market.
If you are an IFA your clients, which may include individuals and businesses, will consult you on many matters including investment, retirement planning, insurance, protection and mortgages (or other loans) and you may also advise on some tax and legal matters. The normal process will be for you to conduct a detailed survey of your client’s financial position, preferences and objectives before advising on the appropriate actions (including the recommendation of suitable financial products) to meet their objectives.
Although the majority of businesses and individuals in financial distress will, in the first instance, contact their accountant or solicitor on occasion, as a trusted adviser, some clients may approach you. In this case, we would stress that acknowledging and addressing problems as a matter of urgency can prevent them from worsening and improve the probability of the issue being satisfactorily resolved. If there is no simple fix it is good practice to seek assistance from an insolvency practitioner. An initial conversation with a member of our team is free and without obligation.
Insolvency practitioners & debt advisory experts for financial advisers in Scotland
mlm Solutions is perfectly positioned to provide you and your clients with the support and guidance required to assess the situation, make objective recommendations and deliver the approved solution. As a boutique insolvency practitioner we are genuine experts in our field so you can enjoy the peace of mind that your client is in safe hands.
When a client is referred to us we are comfortable for you to attend any meetings and be included in any correspondence as the case progresses. We are confident in our ability and this transparency allows you to see our client focus in action. Our approach at mlm Solutions is underpinned by a rescue culture so our priority is to explore all options that will allow your client to remain solvent and, in the case of a business, trading. For the overall benefit of the economy we want to preserve businesses and jobs as well as maximise the return for creditors. We are realistic enough to concede that this is not always possible and where formal insolvency procedures are required we take great care to minimise the emotional and financial costs.
Irrespective of the value, complexity and source of the referral we treat all clients with dignity and respect and by providing a high quality, cost effective and consistent service we will strive to satisfy your client and ensure that we are considered the next time you have a client requiring recovery, restructuring or debt advice.
Individuals, Sole Traders and Partnerships
- Business Debt Arrangement Scheme
- HMRC Aggressive Tax Planning Claims
- Protected Trust Deeds
- Business Restructuring
- Company Voluntary Arrangements
- Corporate Simplification
- Fraud and Forensic Accounting
- Independent Business Reviews
- Members' Voluntary Liquidations
- Compulsory liquidation (England)
- Court Winding Up (Scotland)
- Insolvent Liquidation
- Pre-Pack Administration
- Strategic Exit
Insolvency practitioners & debt advice for IFAs, Glasgow & Edinburgh, Scotland
We understand that facing up to financial challenges can be an extremely difficult and stressful time. However, you should be reassured to know that there are options available and, with the right advice and support, you can take the necessary steps to improve your situation.
For further information on the professional services we provide to IFAs, contact us today at an office near you.