Background
A Directly Authorised Wealth Manager servicing a portfolio of some 250 clients predominately located within North and Central London, most with c£500k investment portfolios.
Robust processes and procedures. Cautious attitude to client investment. Full FCA compliance.
Professional back office team comprising technical and administrative support.
Profitable with strong cash reserves.
Requirement
Changing sector landscapes, regulatory influences and pressures of running an advisory firm has resulted in an re-appraisal of work / life balance. Retirement seems a more compelling prospect.
Interest is invited from acquirers with appropriate business model and resources – importantly servicing capabilities in existing areas of operation.
The vendors will consider both a “sell & stay” or “sell & go” scenario – most important is the future welfare and service experience of the firm’s loyal and longstanding client base.
Consideration
With a clean trading history and impeccable investment performance this is a premium offering so worthy of achieving upper market rate terms.
The vendors are comfortable with deferred terms paid over a 24 month period, subject to DD and contract and will participate in the on boarding and integration process ensuring elegance and a minimum of slippage.
Advisory & technical staff are available for ongoing employment subject to contract.
