retiring ifa for sale in yorkshire
LONG ESTABLISHED & SUCCESSFUL FINANCIAL ADVISORY FIRM – £45m FUM – LOYAL CLIENT PORTFOLIO AVAILABLE FOR ACQUISITION ENABLING THE FOUNDING DIRECTOR A FUTURE RETIREMENT OPPORTUNITY – NORTH EAST ENGLAND -Ref 239
September 17, 2020
ifas for sale in north west
MODESTLY SCALED DIRECTLY AUTHORISED ADVISORY BUSINESS AVAILABLE FOR ACQUISITION ENABLING THE SOLE ADVISER / DIRECTOR A RETIREMENT – LIVERPOOL – £15.5m FUM – £90k RECURRING INCOME – Ref 237
August 17, 2020

DIRECTLY AUTHORISED IFA / WEALTH MANAGEMENT FIRM – RETIREMENT SALE £80M FUM – £500k RECURRING INCOME – LEEDS – Ref 238

retiring ifa for sale in yorkshire

Background

 

Established to provide a service to individuals and families in the Leeds area and since has achieved growth organically and through acquisition.

With c400 clients the business manages c£80m FUM and achieves recurring income of c£500k – advisory services are provided by 3 highly qualified professionals with support from comprehensive technical and client facing teams.

A cautious attitude to investment means the portfolio harbours no “high-risk” product sales.

 

Requirement

 

The non-advising 100% shareholder now seeks a business sale and retirement in Q4 2020 / Q1 2021.

Ideally given the scale and prudent legacy trading this is expected to be via a share sale.

The advisory and advisory staff are available for ongoing employment.

 

Consideration

 

A market rate valuation is expected for this business with consideration passing from acquirer to vendor over a 24 month term in 3 stage payments (50:25:25).

Staff employment contracts will be subject to separate negotiation and contract.

The existing stylish office premises in Leeds are offered for sub-lease if required.

Express Interest

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




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