How military skills and experience opened up a wealth of opportunities for former Naval officer

Transitioning into Civvy Street

‘Trust in yourself and your training – you’re pushing on an open door’ is the inspirational message from an ex-Royal Navy officer who is building a successful new role in wealth management.

Mark Redmayne, who served in the Royal Navy from 1998 until July 2016, called time on his naval career early, partly for family reasons and partly in a search for a new challenge.  He is now Principal of Redmayne Wealth, an Associate Partner Practice of St. James’s Place Wealth Management.

“I had a great 18 years in the Navy but felt I was ready for something new,” he said.

 Mark Redmayne

Mark Redmayne

“I found that the path around transitioning into civilian life is fairly well trodden and well serviced. We are very fortunate.  I was skirting around the financial sector and my wife already works for St. James’s Place for another Partner. I met her boss who was a nice chap, who clearly had a great quality of life and a great work-life balance.  I submitted my CV and the next day, I was called for an interview.”

After a successful interview, Mark was offered a place on the St. James’s Place Academy in London where they set about “transforming a matelot into a credible financial professional”.

Starting Up Own Business

“We had six months in the classroom which was a hard slog but it is supposed to be” he said.

“I’m very happy with my move, it’s going well, although I do miss some of my former life and the Navy.  I wanted new challenges which I have got in my new business.

“I’m in the process of building my business which means you have got to be fairly entrepreneurial in your outlook and I’m really enjoying that out-of-the-box thinking.  And I’m suddenly able to enjoy my family properly and watch them grow up.”

Transferable Military Skills

Mark is realistic about the challenges of building his own business and acknowledges the amount of work needed to succeed.

“If it was easy, everybody would be doing it.  I am the master of my own destiny. If I don’t do the work, then the business won’t be coming in,” he said. “I was attracted by the opportunity to scale up a business and begin to employ people and I’m now almost at that stage where I would be looking to recruit, hopefully other service leavers because the skills they have are many and varied.

“I was told by one big banking institution that, frankly, we can train you to be in the banking sector but what we can’t teach you is what you’ve already got in spades, the leadership, management and integrity. Those values run deep in us and lots of companies want leverage on those skills and values.

“So be confident. Trust yourself and the training that you’ve had in your short, medium or long career.  Be assured you are pushing on open doors. Your skill set is highly valuable and the last thing you should do is underplay yourselves.  Ex-military people can and do bring huge amounts to any organisation.”

Find Out More About A Career In Financial Services

A series of Insight events have been organised to allow interested parties to discover more about moving into a career in wealth management.  Events are regularly held across the UK and details about the dates and venues can be found on the St. James’s Place Academy website.

These events give attendees the opportunity to hear first-hand how individuals have made the transition from being employed to setting up their own business or joining a successful established St. James’s Place Practice, what it is like to be a wealth manager including what a wealth manager does, and how they can train to do this with the St. James’s Place Academy.