158 clients and £44m FUM generating a recurring income of circa £116k pa and an average portfolio size of £219k.
Loyal, local client portfolio predominately residing around Northamptonshire.
The retiring Director seeks an acquirer with similar cultural values and attitude to client care, with a target completion in 2019.
This is a “sell & go” scenario. The exiting Director will ensure an orderly, elegant and effective client hand-over so assisting the integration process.
Post-sale, the vendor will be available in an ambassadorial capacity, always on hand to provide soft facts as necessary.
Market rate consideration is sought, passing from acquirer to vendor over an 18-24 month period in deferred payments.
An introducer arrangement made available to the retiring Director will ensure a steady stream of new client introductions.