ifas for sale in north west
Long established LLP advisory business with c£37m FUM seeks a buyer enabling the retirement of the founding Partner. Liverpool & surrounding area – Ref 228
April 6, 2020
Long established and modestly scaled advisory business available for acquisition – £20m FUM & Recurring Income of c£100k – Buckinghamshire & Oxfordshire – Ref 224
January 26, 2020

IFA Wealth Manager with DFM permissions seeks business sale enabling a planned retirement – c£120M FUM – c£700k Recurring income – Devon – Ref 226

retiring ifa for sale in south west

Background

 

A well structured and meticulously managed advisory business servicing a client base principally within Devon. Some smaller numbers of clients within adjoining counties of Cornwall and Somerset.

Full client facing service including investment and pensions advice. Strong mortgage and protection offering.

DFM permissions

£120m FUM generating c£700k of recurring revenue.

 

Requirement

 

With retirement planning an objective for 2020 the founding Director for this profitable business is interested in acquirer appetite for his business.

A market rate consideration is reasonably expected for the business.

Interest is invited from firms with servicing capabilities within the South West of England and with parallel cultural values for excellence in client service.

 

Consideration

 

The business is a profitable entity and with a recurring revenue of c£700k from post RDR client signed service arrangements a market rate valuation in the band £2.1 – £2.5m is expected.

This will be a share sale enabling the vendor ETR eligibility and structured over 3 stage payments (50:25:25) with consideration passing from acquirer to vendor over 24 months.

 

Express Interest

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




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