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Database and investment portfolio – £35m FUM – c£150k Recurring Income – Ref 89

South Wales

Directly Authorised IFA – Modestly scaled client database and investment portfolio available for JV / acquisition.

Background

A well founded and organised IFA successfully trading within South Wales servicing clients from Chepstow to Carmarthen. The firm hosts £35m FUM and achieved recurring income of c£150k from annual revenue of c£300k. Operating in a contemporary style with records held in computerised form the firm is fully RDR compliant with all clients fee paying and on contract.

Requirement

The 50 year old Principal seeks a commercial arrangement with a larger financial services organisation allowing him ongoing trade in undisturbed form but with the benefit of shared resources and Group support.

Consideration.

Market rate consideration is sought (typically at 3 times multiple of recurring income) of c£450k with value passing from acquirer to vendor in deferred terms over an 18-24 month period (50:25:25) subject to DD and contract.

 

Interested and would like to learn more?
Call us on 0333 555 6000 or contact us here.