Nominated Advisor - NOMAD

  

“NOMADs,” or “nominated advisors,” are companies approved by the London Stock Exchange to help other companies get listed on AIM, the LSE’s Alternative Investment Market. NOMADs are like life coaches for emerging growth organizations that are trying to make it to the financial big time. They look at the business’s financial records, business practices, management personnel, overall performance, and much more, and if they like what they see, they’ll help them apply for an AIM listing. If the company is approved, their NOMAD sticks with them to provide sage advice and make sure they’re in compliance with all the rules.

If anyone out there is thinking that being a NOMAD sounds like a lot of fun and they want to know where to apply for the job, sad news: individuals can’t be NOMADs. Only firms can be NOMADs. And not just any firm, either. We’ve got to have at least four qualified financial advising experts on staff (maybe that’s the job to apply for), we have to have been involved in corporate finance for at least two years, and we have to have at least three financial advising experiences on our résumé before we can even be considered.

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