Portfolio FD’s are a growing niche

Adrian Lawrence
Mar 4, 2019 · 2 min read

The UK economy suffered a real shock with the credit crunch and since 2008 business has changed, SME owners in particular are very cost conscious and are less likely to commit to expensive senior team members.

This change has led to a dramatic growth in Portfolio roles including those of Portfolio Finance Directors. A portfolio FD is a an FD work works for more than one company at the same time on a part time basis. They have more than one part time role at once and therefore they work more or less full time but theirs skills are spread across more than one employer.

This has many advantages for all concerned.

For the employer:-

  • Costs are lower
  • Skills are paid for when they are needed for example at budget, year end or times when fund raising is needed/
  • A far higher level of skill and expertise is available to them than they would otherwise be able to afford or attract as smaller businesses are not so interesting for high flyers.

For the employee

  • The daily rate is higher reflecting the flexibility required
  • The work is more focussed
  • The tasks often are higher skill ones better matching to the skill set of the FD concerned.
  • Work is more interesting as it is refreshing to work with different teams who have differing demands and requirements

This whole area is a great example of how flexible working can be in everyone’s interests.

Conclusion

The credit crunch has pushed more and more businesses to challenge their costs and in doing so has created a growth industry for this niche area of Financial Recruitement.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store