FoxPlan Equity Partners

Are You a Financial Adviser Who Puts Client Well-Being & Continuity as a priority?

At FoxPlan, we believe in prioritising the future care of clients while ensuring financial stability for our advisers. Our innovative Equity Partner Programme is designed for established financial advisers who share this vision.

Join us as a shareholder and secure your financial future with a guaranteed annuity for life, all while enhancing your clients' experiences and growing your business.

Why Partner with FoxPlan?

And so much more…..

Download Our EQUITY partners fab sheet here

Why Partner with FoxPlan

Succession, an annuity for Life

Is the value of my business only 4X my recurring revenue for; Insurance, KiwiSaver, Investments – or 1X for Accounting, Lending, or F&G – or could I do better than that – at retirement?

We think the FoxPlan option is both morally and financially superior.

Equity growth

The FoxPlan option allows for the equity proportion of your shareholding to grow through scale (FoxPlans annual valuation) and your own business / agency development. Your retirement calculation therefore is based on; a. the company valuation b. your total recurring revenue, and various other factors at your chosen time of departure. You may also determine whether to sell all your shares or only some of them, and you retain the capability to continue to write new business, post ‘retirement’.

Strategic Goals

Ambition and personal incentives have always provided the energy for successful advisers and business owners – not just in the financial services industry. It is not easy to maintain energy without some means of business mentoring from an accomplished professional. FoxPlan can provide that support, and a back office focused to improving the quality of your product and our office – staff, systems, advisers, leadership. FoxPlan wants the overall product offering to get better and better. Good people who join us will help us do that – for FoxPlan and themselves.

Agency growth

You may be a one-man band, or you may wish to grow an existing agency – more advisers, diversification of product, development of fee-based services. Agency growth beyond adviser ‘capacity’ does not happen simply by growing your own capability. Other things need to be enhanced, such as; your product offering, marketing, distribution, system development, personnel, pricing. FoxPlan enables diversification of product offering and value proposition – accounting, investment, insurance, KiwiSaver, group and fee-based advice. Whilst your qualifications may not include some or all of these options – having the team at FoxPlan to assist will enable that to occur. Retention and advocacy will inevitably follow.

Continuation of recurring revenue

If you join FoxPlan as an equity partner or as a freelance financial adviser your current recurring revenue remains with you. New business revenue is subject to the agency agreement. All advisers at FoxPlan (including old and new shareholders) have the same agency agreement.

Client benefits

Clients seldom become advocates when only benefiting from a single product or a transactional service. On the contrary, clients who progress with you through ‘Lifestage Planning’ or are multiple product owners with you or your agency, are far more likely to become advocates – and refer you to family and friends. The segmentation of clients into a long-term service plan is fundamental to both agency and client benefit. That long term service agreement is predicated on a mutually agreed programme – all callers however are welcomed warmly and personally whenever they make contact.

Organic growth

FoxPlan can assist in the growth and development of both individual and agency. It is our core expertise – something akin to a passion as opposed to simply a business goal. The ‘Purpose’ of FoxPlan is to maintain both client and adviser success and satisfaction. FoxPlan does not grow and proffer our market ‘service/product’ unless the people in the company grow, and the quality continues to provide exceptional advice and continuity of service. Hence our staff and advisers are continually focused to getting better – qualifications, training, mentoring, marketing, business leadership, governance, compliance, administrative functionality. Technology is fundamental to this.

Business development

Most business owners, including financial advisers are often subject experts. But most ‘issues’ are business issues. Advisers therefore need to become better businesspeople.

Also, advisers often know what to do – but they simply lack the discipline or energy – to do it. When you work for yourself, you need to provide your own incentives. Joining a group of like-minded people and sharing ideas, sharing marketing and back-office support, working with the latest in system and procedural IT, and diversifying product options for greater client benefits – could have some appeal for the appropriate individual or agency.

What does The Equity Partners Programme opportunity mean to you?

Why join us?

Our partners programme is designed to maximize your earnings and growth potential while ensuring the best outcomes for your clients. By partnering with FoxPlan, you are choosing a future where client care and financial success go hand in hand.

How will we help you?

We provide the systems, technology, people and procedure that drive best practice adviser standards while you focus on growing your business.

What will we do for you?

We look after you by offering a wide range of products and services to improve your business, diversify your offerings to your clients and have a secured succession plan built into your agreement

The JK Farewell Interview

“From a retirement village to a T20 arena”

"We want to hit some 6s, thrill the crowd, and put some colour back into our industry while having some fun”

Q. How did you exit?

A. I kept some shares and established a testamentary trust for my grandchildren. They’ll receive dividends as beneficiaries of the trust – ongoing. I’m paid a monthly ‘annuity’ for life, from my recurring revenue. Guaranteed. Paid through ‘Trustees Ltd’ an arrangement between suppliers, the company, and me.

Q. How do the other ‘retirement village’ residents (ie the shareholders) anticipate their ‘assisted departure’?

A. They’ll likely take a similar approach. Up to them, as to the size of the annuity and or retention of shares – however, in each case their monthly annuity will be, for life and protected through the trust.

Q. What happens to your clients?

A. That was our original concern. Initially, Sally and mine. Eventually to follow – Warwick, Steve, and Stephan. We all want continuity for our clients. Same organisation. Same values.

Q. So how did you accomplish it?

A. We learned through our accounting practice. Create leadership teams, ‘Diamonds’. Bring through the next generation. ‘Associate advisers’. Transition the clients via oversight from a senior adviser and support from the associates. Controlled and collaborative. Clients are happy and associates are learning through attending real life client engagement.

Q. What’s with the Retirement Village and T20 analogy?

A. Tongue in cheek really. But an adaptation to an environment and an industry which we think can better serve its customers through retention and continuity ie not being sold. And to get more people involved in an industry and profession that’s been a wonderful experience and reward for the best part of Sally and my life. We are grateful to our clients, associates, and the colourful characters that have been mentors and friends. We would like that colour and enjoyment to continue.