Background
Operating as a sole trader IFA for many years this modestly scaled firm has serviced a local business community in an honest and reliable manner – reflected by the longevity of client retention.
With c£15m of client monies all investments are with household named product providers generating sensible and dependable returns for the firm’s clients.
A traditional advisory firm now offered for sale enabling the vendor a retirement opportunity.
Requirement
With advancing years and some reluctance the founding Principal has decided its best to now pass across ongoing client servicing to a larger firm – ideally one that has an existing Midlands presence and appropriate client servicing capabilities.
Interest is invited from acquirers that fit the above criteria.
Consideration
As a modestly scaled entity it is expected this deal will be on a trade and asset sale basis attracting market rate terms.
It is hoped a deal can be concluded during 2025.
Express Interest