Background
Established 20 years ago this modestly scaled one adviser / Director firm manages a portfolio of 110 active clients and c£45m of client monies.
Prudent and proportionate advice over the years has resulted in loyalty and pride developing close client’s wealth.
Most of the client portfolio is HNW / Upper mass affluent and resident in Kent and the surrounding counties.
Requirement
With retirement now an increasing prospect the Chartered adviser is keen to secure a new custodian for his clients.
Within this he hopes to work within the acquirer firm for 2-3 years with tapering involvement to ensure an elegant and seamless transition.
Most likely the acquirer firm will have an existing presence, or aspirations for an office, in Kent
Consideration
This is a wholly FCA compliant business with no client complaints. Well organised and efficient.
Quite reasonably the vendor seeks a premium valuation as a share sale. So, with recurring income streams of c£470k offers are invited in the region of £1.5m subject to DD and contract.
It is hoped deal terms can be achieved during 2021.
Express Interest
