Background
A long-established firm of Chartered Financial Planners / specialist Wealth Manager servicing a portfolio of 2,000 clients, all active and retained on signed service agreements.
£300m FUM generating c£1.8m recurring income and EBITDA of £1.2m.
Privately owned and managed business. Strong branding. Fully FCA compliant.
Robust and well-founded business model.
Requirement
Pragmatically reflecting on growing regulatory demands from the FCA the founding Director harbours concern continued fully compliant process will soon impact on available client servicing capabilities and commercial returns.
Interest is sought from new entrants to the advisory market wishing for a turn-key platform solution to develop their advisory proposition or from an existing advisory business seeking greater growth / market presence in the South East of England.
Consideration
Market rate consideration is anticipated for this £2.5m t/o business over a 24 month period subject to terms.
