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Face to Face: with Clive Holmes of Gateway Consortium

by Gavin Lumsden on Nov 16, 2006 at 07:00

Something happened in the sleepy Midlands town of Leamington Spa two weeks ago that sums up the revolutionary urge to professionalise that is sweeping the advisory sector.

Members of the Gateway Consortium, the club of ‘commercially minded’ IFAs founded by Clive Holmes, the veteran life office salesman, unanimously pledged their intention to gain chartered financial planner status in two years.

It is a punchy target and shows the genuine excitement the new qualification has generated among intermediaries since its launch by the Personal Finance Society last year. Brian Steeples, the former PFS president who attended the Gateway meeting with his chief executive Tim Eadon, achieved chartered status in 15 months to prove it can be done. He says: ‘It isn’t a pushover but it’s doable in two years’.

For Holmes, Abbey Life’s top salesman for many years and a founder of the Life Insurance Association (LIA), the decision to go for chartered status alongside
his members is a highly personal one, as well as a canny attempt to improve perceptions of what Gateway is about.

Like many people who leave school at 18 and do not go to university, Holmes, 67, has retained a lifelong fascination with learning and a need to prove his academic credentials. Earlier this year he graduated with a history degree from the Open University (OU). He recalls how he was ‘deeply moved’ by the ceremony in Dublin in which he was presented his degree by Betty Boothroyd, former Speaker in Parliament.

The event took on a wider significance the following month when he read the report in the PFS’ FS magazine about the first graduation ceremony for chartered financial planners (see New Model Adviser® issue 6, 6 March 2006, page 3). ‘I saw that and went, “wow! This is terrific!” A lot of people there were buddies like Brian Steeples.’

In his 40-year-long career Holmes has seen many low points in financial services. But the development of the chartered status is clearly a high point, and moreover an achievement he says could never have happened with LIA or Sofa, with which it eventually merged. He relishes the commitment it is arousing in advisers. Recalling the meeting in Leamington, he says. ‘All our people committed to being chartered in two years. The enthusiasm in the room was incredible.’

Research and learning form an important part of Holmes’s personal and public life. He is proud that the OU has accepted him as PhD student – he plans to write his thesis on John Palliser, the 19th century Irish-born geographer and explorer whose main claim to fame is mapping the boundary between US and Canada from Lake Superior to the Pacific Ocean. Palliser lived in the large house between Cork and Waterford that Clive now owns.

One of his mentors was Sir Mark Weinberg, co-founder of Abbey Life, who he praises for ‘thinking outside the box’ and for writing a ‘seminal thesis on takeovers at the LSE [London School of Economics]’.

But the main person who changed his life was Ben Feldman, the legendary US salesman who inspired Holmes with his motivational presentation at a Million Dollar Round Table conference in 1971. Like many who saw Feldman, Holmes came away with his ‘mind blown’ by the passion the American had for life insurance and the belief in the good it could do for clients.

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5 comments so far. Why not have your say?

George Staples

Oct 05, 2009 at 15:02


Clive is a great motivator when he ran Langham Branch of Abbley Life,

I also had the oppertunity to meet Ben Feldman, when I had lunch with him at an MDRT meeting in London, and he signed his book for me to take away, it also changed my production for the better.

Writing the largest case at Guildford and the largest case in the company as a whole £1,000.000 CCSA

Good Luck Clive, wonder where Ken Clark and Dennis Baker are?.

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Mar 19, 2010 at 20:21

it transpires that the gates have closed on gateway as the company closes its offices in Leamington and a mass exodus of advisors takes place.

The firm headed by Clive Holmes has seen a split at director level with Joe Omeara moving out to set up another REGULATED IFA FIRM !! whilst Clive moves to new shared offices in Altringham. Meanwhile dissapointed and unpaid creditors pursue the directors for tens of thousands of pounds.

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Chris F

Mar 30, 2011 at 16:17


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Great Rock and Roll Swindle

Mar 31, 2011 at 12:20

Nice to see what goes around comes around...fortunately or unfortunately the VAT man has beaten us to it...we have just prepared documents to serve on CJH for bankruptcy for a personal cheque for £11,000 (that bounced like a rubber ball) he wrote to us and had no intention of paying....ah!!! well VAT man has saved me £600....bitter sweet revenge...oh!! the irony...should not laugh really ...yes i should

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Ken kalendar via mobile

Sep 28, 2012 at 20:12

Wonder if its the same Clive Holmes who walked out on his kids and never bothered to contact them.

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