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SBG hires M&A expert to assist IFA firms selling up

SBG hires M&A expert to assist IFA firms selling up
Samantha Partington
Written By:
Posted:
July 15, 2025
Updated:
July 15, 2025

Sesame Bankhall Group (SBG) has appointed David Wright to head up an exit consulting service to help independent financial advisers (IFAs) who want to sell their businesses.

Wright (pictured) joins from global reinsurance firm Compre Group, where he held the role of senior M&A associate. Previously, he served as an M&A associate at independent chartered financial planning and investment management group One Four Nine Group.

Earlier in his career, he spent four years with Ernst & Young.

Wright will report to Claire Cherrington, director of PMS and Bankhall, as M&A director.

The network’s exit consulting proposition is aimed at supporting directly authorised advice firms through every stage of the sale journey – from preparing their business for sale to identifying buyers.

Cherrington said: “We’re delighted to welcome David. He brings a wealth of experience in M&A, succession planning, and financial services and joins our team as we prepare to launch a brand-new service for firms thinking about a potential exit.

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“Our new exit consulting proposition is designed to support IFA business owners who are considering a sale – whether that’s in the next 12 months or five years away.

“David will be working side by side with firms, helping them get sale-ready, grow the right way, and maximise their business value.”

Launching this month, the network’s initial focus will be on wealth firms, where a significant number of business owners have actively pursued acquisition opportunities.