An independent advisory business providing holistic advice to individuals, families and corporate clients, a member of a leading UK network.
Modestly scaled and profitable with impeccable computerised systems and processes in place.
£10m FUM generating annual recurring income of c£50m.
Loyal client following of 53 active cases amassed from over 30 years commitment to the financial services sector.
With personal interests (commercial and vocational) outside of the financial services sector the Principal and sole adviser wishes for retirement and an industry exit prior to Xmas 2017.
Interest is sought from culturally compatible and financially secure acquirer organisations with a national reach and a proven commitment to the South West of England.
A valuation using normal industry valuation metrics at 3 – 3.5 times recurring income with payment passing over a 2 year earn-out period (50:25:25) is reasonably expected.