Options for Principals

We currently have Principals in two areas - Bates Enterprises and Sage.

The key distinction is that, as an appointed representative, Sage supports you to manage your risk appropriately; whereas with a Bates Enterprise you lead a practice of registered individuals under the Bates Investment Services Limited risk management umbrella.

We are currently developing another option – a Bates Franchise, which will bring a state-of-the-art business franchise concept to an IFA practice. If this might interest you let us know.

Between Bates Enterprise and Bates Franchise the key distinction is the level of flexibility to set your own terms and have your own trading name versus the benefits of operating under a leading, quality national brand.

The table below highlights the benefits of each. Whichever you choose we will support you with the broad range of Money Portal services.

Bates Franchise* Practice of Registered Individuals

Build your own practice within a branded environment

National brand and PR
All benefits and control of RI status
Access to expert in-house product research
Access to full Marketing services and lead generation

* Newly available subject to qualifying criteria

Bates Enterprise Practice of Registered Individuals

Build your own practice within a controlled environment

Have your own trading name, build a local presence
All benefits and control of RI status
Access to expert in-house product research
Marketing services on consultancy basis

Sage Appointed Representative Practice

Grow your own business within a quality service environment

Have your own trading style, run your business the way you want
Freedom and benefits of appointed representative status
A long established and successful regulated service provider, building solid relationships with IFAs
Profit share scheme

Plus all the benefits of being part of Money Portal

Practice buy-out / Pragmatic compliance / Dedicated training and competence team / Market-leading mortgage proposition / Personal development / No restrictive panels / IT services / Adviser website / Option to specialise – investment, mortgages, corporate / Top management support for your key business decisions

Rolling out: End to end IT solution / Adviser recruitment support

Whether you are interested in taking the first step into building your own practice or considering moving, we can help you decide if this is right for you.