North Wales & Borders
A long established Directly Authorised Advisory firm servicing clients predominately within North Wales & the Chester areas
The firm is led by the founding Director, an adviser holding AC11 & Dip PFS with over 36 year’s industry experience.
With approximately £30million of FUM this profitable business achieved revenues of c£ 215k (2015 & 2016) from a client database of 151 active cases with an average £116,692 portfolio size.
There are also a significant number of dormant clients including a proportion that aren’t currently charged providing an acquirer commercial opportunity.
Operating from modern offices adjoining the Principals primary residence the firm is highly IT proficient with all records maintained in computerised form.
Compliance, administrative support and para-planning are in-house services.
Reflecting on lifestyle aspirations the Principal wishes to pursue other interests outside the Financial Services sector. He now seeks an advisory firm with shared cultural values who are interested in acquiring the firm’s client database and investment portfolio ideally within Q2 / Q3 2017.
Market rate consideration is expected via an asset sale or a share purchase. The vendor is willing to remain with the acquirer firm post completion in an Ambassadorial role enabling an elegant and seamless client transition.