Become a Financial Introducer
Earning money by introducing financial leads with Sidstone
by Shaun Davis.
Owner of Sidstone.co.uk & Unbiased Finance.
Firstly I would like to thank you for taking the time to read our introducer offering.
Personally, I believe there are Five Rules that need to be considered when introducing any kind of leads or business to a third party. Five major factors that must to be considered.
My personal order of importance is:
- Will my businesses reputation be upheld?
- Will my clients be offered a professional service?
- Can my introducer actually do the job?
- Will I be updated on case progress?
- How much will I earn from each referral?
Ensuring that your reputation is upheld whilst your clients receive a professional service from somebody that can do the job is always the deciding factor for me. If I have confidence with that, the other two always fall into place over time.
1. Your Reputation
Your reputation takes years to build and can be lost in seconds. As a trusted member of your team/network we strive to not only ensure that your reputation is kept but also enhanced. Referring a client to a poor introducer reflects badly on you therefore our mission is to ensure that your clients experience is a positive one.
2. Professional Service
When it comes to dealing with my own clients I always ensure that I provide a professional service. When it comes to your clients I have to work twice as hard to ensure that they receive a service that pleases both you and your client. How else can you have the confidence to recommend our service in the first place? So rest assured, we work twice as hard.
3. Doing the Job
Fully independent and accessing the whole market we ensure that your clients get the best deals. We will guide your clients through the process, complete the paperwork and support them every step of the way. We have recently introduced free buyers protection as standard on property purchases, a brochure is included in this pack.
4. Updating
We strive to keep you updated every step of the way. I know from experience that you will want updating on a continued basis by phone and email. However, I am also available 24 hours a day, 7 days a week, 365 days a year to answer any queries that you may have.
5. Referral Fee
When you pass a client to me, you will continue to earn from that client for the lifetime of the relationship. Typical brokers/advisers work on a smash and grab basis whereby the client comes, the deal(s) complete and then concentration moves onto the next client. Our primary focus when meeting a client is to build a lasting relationship and a lifetime service. Trust and staying in contact are our main tools here but we continually strive to improve the relationships we have with our clients.
How do we do this?
Initially when we meet a client, we complete a full financial profile and make recommendations on financial products which include:- Mortgages
- Insurance
- Protection
- Pensions
- Investments
- Wills
- Conveyancing
- Bridging Loans
- & More
The client will receive a full and Free Financial Review that is not limited to the initial referred product. We do not sell any products to our clients, we have no sales targets and our approach is to ensure the client is completely aware of the importance and benefits of the recommended products.
We manage the entire process, complete all paperwork and are on hand to assist at every stage throughout the process and beyond.”
As well as an experienced team we also have a trusted network of specialists. So you can be sure that your clients are in safe and experienced hands.
NO CROSS SELLING OF PRODUCTS
We clearly understand that you may already have relationships with other financial professionals or you may indeed offer some services yourself. Rest assured that you keep full ownership of the clients referred across, we will not cross-sell any products that we are instructed not to and if we receive an enquiry of relating one of these products the client will be referred back to you and you will be notified of the HOT PROSPECT.
What will you get in return?
By introducing your clients to us, you will not only help ensure they get the financial advice they need, but you can also add a continual income stream to your business.Our Example Earnings:
| Commission | Broker Fee | Less Costs | Net Earnings | Payment to You | |
| Mortgage (£75,000) | £250 | £199 | £62.50 | £386 | £96.50 |
| Life Insurance | £300 – £1,500 | NIL | £75 – £375 | £225 – £1,125 | £56.25 – £281.25 * |
| ASU | £25 | NIL | NIL | £25 | £6.25 |
| Home Insurance | £46 | NIL | NIL | £46 | £11.50 |
| Pensions (£45,000) | £2,000 | NIL | NIL | £2,000 | £500 |
| Conveyancing | £100 | NIL | NIL | £100 | £25 |
TOTAL POTENTIAL EARNINGS PER CASE: £920
AND YOU GET PAID ON RENEWALS
* Life Insurance Commissions are subject to claw back if the client cancels during a 2 – 4 year period. Therefore, commissions are paid based on a 12 month risk period basis. Ask for further details.Negotiable Commission Arrangements
Typically we pay introducers 25% across all products for the lifetime our business relationship.
However, as the clients belong to you, we are happy to amend the fee’s to match your expectations and requirements.
If you would prefer an alternative payment agreement please call on 01782 4787203 as we are always more than happy to discuss an alternative remuneration structure. We currently have introducers that prefer to have an agreed fee only, keeping things simple.
