A family business originally formed in 1996 servicing a loyal client database of HNW and mass affluent cases throughout Cheshire and surrounding Counties.
Modestly profitable with £19m FUM generating a recurring income of £122k from 61 clients.
Well organised and managed in a contemporary form with all client records retained using industry leading computerised systems.
Positive branding and presence within an affluent area of the UK,
The Family has decided to seek an acquirer for the business allowing their focus on responsibilities and interests outside of the financial services sector.
With a clean and fully FCA compliant track record this business is reasonably offered for sale with the expectation of achieving market rate valuation paid over an 18 month period during Q2 2018 subject to DD and legal contract.
ETR eligibility is expected to be achieved.
The vendor will participate in achieving an elegant client hand-over of client relationships working towards a seamless integration.