A well established and highly regarded IFA / firm of Wealth Planners with an enviable presence in the South Wales market gained over many years providing sterling service to clients.
Profitable with a strong balance sheet and healthy cash reserves the firm has a prudent and unadventurous attitude to risk which has paid dividend in client loyalty. Records are maintained in computerised form using industry leading software.
Fully FCA compliant with a traditional business advisory style. All clients are migrated to fee charging arrangements and a 0.5% model.
Interest from acquirers with appropriate business model, cultural values and resources is invited. Whilst the client database is primarily in Wales all business contact is conducted in English.
With ambitions to achieve ETR (Entrepreneurial Tax Relief) the vendor wishes for a Share Sale with a completion during Q3 /Q4 2017 enabling retirement and lifestyle aspirations outside of the Financial Services Sector.
Fair consideration is expected at market rate in deferred terms paid over an 18-24 month period.Express Interest