retiring ifa for sale in wales
Modestly scaled Sole Trader IFA seeking retirement – £31.5m FUM – Recurring income of £140k – South Wales – Ref 220
November 5, 2019
retiring ifa for sale in west midlands
HNW client portfolio – 150 active cases with an average £250k holding. Loyal, long-standing and of professional employment status – £35m FUM. Recurring income £142k – Birmingham & M4 corridor – Ref 215
October 11, 2019

Chartered Financial Planner – ‘One man band’ / Ltd Company – Modestly scaled client portfolio within Hertfordshire – c£12m FUM – Available for acquisition and retention of 39 year old adviser in an employed or self-employed capacity – Ref 216

retiring ifa for sale in south east

Background

 

Established during the past decade this modestly scaled business is run by a 39 year old commercially focussed Chartered Financial Planner with a keen eye for detail and client welfare and servicing experience a cornerstone.

With only 42 clients and c£12m FUM the business follows a 0.75% charging model so generating annual recurring income of c£90k.

Aggregate holdings are above the national average and most clients are in capital accumulation stage rather than draw-down.

Excellent local connections within the local business community including leading firms of Chartered Accountants and Solicitors.

 

 

Requirement

 

As with many small scaled firms the compromise between commercial focus and full regulatory / compliance / bureaucratic responsibilities is a challenge. This adviser is finding too much of his time is spent in non client facing activity.

Recognising scale matters he would like to join a larger local advisory business introducing his clients and remaining in an advisory capacity – employed or self employed.

A future career further developing his existing client base and growing with new business introductions is his ambition.

 

 

Consideration

 

A normal market rate valuation of between 3 – 3.5 times annual recurring revenue is sought so calling the business within the band £270-315k subject to DD and contract.

Payment terms structured over an 18-24 month period is ideally sought together with an employment package

 

Express Interest

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




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