retiring ifa for sale in south west
Traditionally managed IFA seeking business sale in 2019 – £50m FUM – £273k Recurring Income – Bradford on Avon – Ref 194
April 10, 2019
retiring ifa for sale in scotland
IFA firm available for acquisition enabling retirement for the founding Director – Aberdeenshire – £32m FUM – Ref 187
February 21, 2019

Directly Authorised IFA – Long Established – Available for acquisition during 2019 – £50m FUM – Essex – Ref 193

Background

 

A traditionally managed IFA operating a restricted “all of market” model with c500 clients throughout Essex.

£50m of FUM generating c£490k of recurring income – all on post RDR style client service arrangements.

Highly profitable business – run efficiently and prudently for many years.

Clean compliance record and no client complaints.

 

 

Requirement

 

With age and health issues an influencing factor a business sale is the natural next stage enabling another organisation to take control of the loyal client database.

The vendors are comfortable with the prospect of remaining in an ambassadorial capacity post completion to facilitate an elegant and seamless client integration.

Ideally a completion within 2019 is sought.

 

 

Consideration

 

A market rate value is expected to be achieved for this “clean” business using usual metrics with consideration paid in deferred terms over an 18-24 month term, subject to DD and contract.

Within the business are several technical staff available for re-employment with the acquirer firm subject to contract and employment terms.

 

Express Interest

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




I consent to Tomorrow IFA using the above details to contact me about IFA opportunities