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The factors behind Sarah Lord's Killik exit

The factors behind Sarah Lord's Killik exit

Many wealth firms are only now looking at ways to improve the working environment for female employees.

Mazars seems to have cracked the code at least for Sarah Lord, former head of wealth planning at Killik.

When Lord left her position at Killik last year, many were left wondering why. She says that most importantly, she ‘wanted to be in an environment that was modern and current for a working mum’.

The freer working atmosphere of accountancy and advisory firm Mazars, she found, fit the bill.

‘The attraction for me was the culture, the vibe in the office and the fact that Mazars has fully embraced the modern working environment. Particularly in London where no one has a computer desk set, everyone is on laptops, you turn up and just embrace the breakout areas.’

Which, she noted, is in stark contrast to the more buttoned up approach of Paul Killik’s firm. 

‘I personally think that modern lives these days are such that working life is not particularly convenient in a nine to five role. That, therefore, was one of my main drivers when I was looking for an alternative firm as the children grow up.’

Going for growth

The other impetus for Lord, was being part of a company where she felt she could contribute to its growth strategy, and which also had a robust financial planning proposition.

‘One of the remits for me joining is to assist with the growth in London,’ she says.

She has already set some ambitious targets. The current revenue for the London office is £1.8 million, however, Lord plans on taking it to around £5 million by August 2021.

‘My view – and I am ever the optimist – these are bold growth numbers, but not insurmountable because of the growth that we have seen over the last couple of years. There is a trajectory at the moment and we are building on that momentum.’

She noted the income for Mazars Financial Planning for year to the end of August 2018 is on course to be £10.8 million.

In terms of assets, the firm has £850 million, with over £1 billion in combined assets under influence.

Another draw for Lord was Mazars’ international reach. The business operates in the 86 countries.

 ‘With it being an integrated international partnership there is a huge opportunity, given my international experience, to drive growth through our international reach.’

This, she believes, will give her a chance to employ skills gained during her three years in Dubai, building Killik’s Middle East presence.  

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