MARKET LEADING WEALTH MANAGER
(£6bn FUM)
SEEKS
MODESTLY SCALED IFA FIRMS, UK WIDE
(£50m + FUM)
Background
A national, independent, IFA / Wealth Manager, founded by seasoned sector heavyweights 35 years ago.
Underpinned by a leading global private equity firm, dedicated to financial services industry investment. A significant monetary commitment and statement of confidence.
60 acquisitions completed to date.
Strategy
Further extend an existing national presence of 22 offices within the UK via a series of targeted acquisitions
Embrace the best of IT to enable client servicing regardless of financial status.
Retain traditional elements of client service.
Achievements
Established brand built on consistent excellence in service, quality, and integrity over 35 years.
A complete in house suite of technical, managerial and administrative resources. 280 staff.
22 Offices and 23,000 clients. Servicing capabilities in all major UK business centres.
A "best of breed" structure providing the platform for sustained profitable growth.
Ambition
Further growth organically and via targeted acquisition, UK wide, to fuel continued commercial progress.
Re-inforce market leader status on merit.
Target Acquisitions
Wealth Management / IFA firms. Min £50m FUM. UK-wide.
Typically 1-5 adviser firms. Demonstrable client centric approach. Cautious approach to investment.
Robust, sustainable, and commercially viable business models capable of upscaling with appropriate support and investment OR entities available for acquisition enabling an industry exit / retirement.
Sound technical, advisory and managerial capabilites.
Buy-Out Terms
"Sell & Go" or "Sell & Stay" models.
Industry / market leading - up to 4 times RI or 7 times normalised EBITDA, subject to DD and contract.
Tailored earn-out terms, subject to personal circumstance and aspirations.
Incentivised earnings packages linked to ongoing employment.
Equity participation.
What next?
If you are contemplating the next chapter for you, your business and its clients.
If you feel change, through a business sale, or possibly joining forces with a larger entity, is appropriate and timely.
And if you consider the above to be relevant and of interest. Then please contact Paul Clutton in complete confidence on 07971 959432 or using paul@tomorrow-ifa.co.uk
He will share detail for this opportunity, the acquirer firm, and the next steps.