A small family run independent firm of financial advisers / specialist wealth manager.
£21m FUM generating a recurring income of c£140k from a client database of approximately 100 cases.
Fully FCA compliant. Loyal and long-standing client portfolio.
Reflecting on lifestyle ambitions and with a milestone anniversary passed the Principal has decided to explore more of the world.
Interest is sought from culturally compatible and financially secure advisory firms with client servicing capabilities in the Manchester / North West of England areas.
A market rate valuation is expected for this business placing a headline value of £420-500k payable in deferred stage payments over an 18-24-month period, subject to contact and terms.
The vendor wishes to achieve ETR through the sale process and has an open mind to his commitment during the buy-out period. An imperative is that any sale is to an organisation with the ability to fully integrate all acquired clients which the vendor will assist in an ambassadorial capacity.