Background
Operating in a traditional style this modestly sized IFA firm services a client portfolio that extends from Cardiff to Carmarthen.
Many of the clients have been loyal to the founding Directors for the past 2 decades benefitting from high quality, prudent and appropriate advice.
With c450 clients the firm now has c£65m AUA and achieves £400k RI annually.
Requirement
With retirement planning an agenda item interest is invited from advisory firms with an empathy to the local culture and client servicing capabilities.
It is expected the business should achieve a salle by Q2 2012.
Consideration
With a recurring income of c£400k, and given the firm is wholly FCA compliant with no history of promoting “high risk” products including DB Transfers, it is reasonably expected a premium valuation can be achieved.
Offers, subject to DD and contract, are expected in the region of £1.4m.
Express Interest
