A family owned and managed IFA business established in 2006 servicing clients within the Counties of Norfolk and Suffolk.
With the £90.5m AUA and a client portfolio of 280 households sound and fully FCA compliant advice is provided for Investment, Pension, Mortgage, and Protection.
The founding Director now wishes for a retirement.
An acquirer with current client servicing capabilities within Norfolk and Suffolk is sought for this profitable business.
There is an existing team of 3 advisers, paraplanners, compliance and administrative staff attached to this “vanilla” / low risk business. All available for ongoing employment.
The business achieves consistent RI of £614k so offers are expected in the region of £2m – £2.4m subject to DD and legal contract.
A share sale.
It is hoped deal terms can be achieved during 2023 with client integration and a completion during early 2024.Express Interest