Divestment of Database & Portfolio – c£70m FUM – £130k Recurring Income – Ref 91
April 8, 2016
Database and investment portfolio – £35m FUM – c£150k Recurring Income – Ref 89
April 6, 2016
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IFA database & portfolio – c£22m FUM – c£100k Recurring income – Ref 90

Middlesex

Modestly sized IFA client database and investment portfolio available for acquisition. Sale due to retirement of Sole Trader Principal.

Background

A Directly Authorised Advisory firm – long established servicing a loyal client database within the Middlesex / London border areas. Modestly scaled and run by a sole practitioner servicing c£22m FUM and achieving c£100k recurring income. Clients are predominately individuals and families – most within the “mass affluent” category and approximately 6 HNW cases. Operating in a traditional style with records held in computerised form the firm is FCA compliant with all clients fee paying and on contract. Robust trade with strong cash reserves.

Requirement

The Principal has reached retirement age and with some pressing health issues has decided upon retirement.

Consideration

Market rate consideration is sought (typically at 3 times multiple of recurring income) of c£300k with value passing from acquirer to vendor in deferred terms over a 24 month period (50:25:25) subject to DD and legal contract.

 

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