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Writer's pictureCFO & More

Sandringham - Risk Management and Controlled Growth

Updated: Oct 6, 2023



CFO & More has provided board level input to Sandringham since 2016, including implementing the Company’s Risk Management Framework, providing external oversight to its finance function, overseeing governance and providing independent challenge to its compliance discipline.

John has sat as a Non-Executive Director of Sandringham since January 2018 and chairs both the Risk Committee and the Committee providing external challenge to the compliance function.

From that date to its sale, Sandringham grew substantially - turnover by more than fivefold, average revenue production per advisor has increased by greater than 300% and the firm’s value increased significantly.

But the key to Sandringham’s success is not its phenomenal growth but the fact that this growth has been achieved in a very controlled way, ensuring that all of its regulatory responsibilities have been fulfilled. It has done this by proactively upscaling its policies, procedures and resources ahead of and proportionate to its anticipated growth - not in response to it!

This success resulted in an approach by M&G, culminating in the completion of the sale of Sandringham last year, which provided the investors - including staff and partners - with the crystallisation of the value that the team had generated over the previous five years. CFO & More was delighted to assist in the sale process and we continue to work with Sandringham and M&G to ensure that the business flourishes under its new ownership.

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