Background
A long established and loyal client portfolio located within the Oxford, Gloucester, and Worcester areas.
£45m AUA achieving c£200k of RI with clients following a 0.5% fee charging structure.
Traditional in style, so free of high risk product sales. Investments with well-know respected product providers.
All records maintained in impeccable style using industry leading software.
Requirement
To enable retirement planning this client portfolio has become available for acquisition.
It is hoped deal terms can be reached with an acquirer able to demonstrate client servicing capabilities within the same geographical area so minimising disruption through changed ownership.
Consideration
Given this is a FCA compliant business with no history of client complaint or evidence of toxic legacy advice it is reasonably expected an upper market rate valuation will be achieved.
It is also hoped a completion by the end of Q1 2024 can be achieved.
