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Well established Wealth Management Business available for acquisition. 

C£35M FUM AND C£210K RI

East London

Information

A London based IFA practice is seeking a buyer, allowing the Director a retirement opportunity.

The Business was established in 1978 as a General Insurance practice, subsequently moving into the IFA space. Total funds of c£35m and generating c£210k of recurring revenue is available. The clients are all based in East London and surrounding areas. 

It is the intention that the founding Directors continue to run the General Business post-sale and that the IFA Para-planner remains with the acquiring party.

Normal market valuation dynamics will apply i.e. 3.5x the recurring revenue paid over 24 months with 50% of the consideration paid upfront.

All enquiries will be treated in total confidentiality and with complete discretion.

We look forward to hearing from you.

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 Mike Porter in complete confidence using mike@tomorrow-ifa.co.uk or by calling 07860 615896.