A former Société Générale investment manager has turned her back on 25 years in the City and set up shop as an IFA.
Sarah Pohlinger (pictured), who was previously head of international equities at Société Générale Asset Management prior to its acquisition by GLG Partners, has launched Hertfordshire-based Leabourne Financial Advice.
Pohlinger said after leaving SocGen she wanted to take the opportunity to get closer to clients.
‘[In my old job] you were always quite removed from the individuals you were managing investments for, and I’d like to focus on individuals,’ she said.
‘I’d like to develop a service where clients come out feeling like not only are their finances in order, but also [they] understand what it is that I’ve done for them. And I can make them feel much more comfortable about it.’
She said the advantage of starting a business from scratch was that it would have no legacy issues and would begin ready for the retail distribution review.
‘Hopefully, there will a bit of an opportunity while other people are changing their business models, and coming in completely clean will be a good thing,’ she said.
Pohlinger, who is starting off as a sole trader but hopes to recruit more advisers in the future, said she will use her fund management experience to an extent but planned to outsource to discretionary fund managers, rather than offer those services herself.