A Directly Authorised advisory firm with C£145m FUM. Profitable and operating in a contemporary style achieving the annually recurring income of c£550k.
With 4 CF30 advisers and operating from a High Street location, the firm has a strong market presence within the area serviced.
With ever-increasing levels of regulatory compliance taking away available client-facing time the founding Director feels the business and its clients would be better positioned within a larger entity.
Interest from acquirers of an appropriate business model with the infrastructure and resources to fully integrate the client portfolio is invited.
Market rate buy-out terms are expected to be achieved for this firm using a valuation metric of between 3-3.5 times recurring income with consideration passing over an 18-24 month term.
There is an opportunity to also retain the existing advisory and technical staff within the firm – subject to individual contract and terms.