retiring ifa for sale in west midlands
MODESTLY SCALED OMB / IFA AVAILABLE FOR ACQUISITION ENABLING RETIREMENT FROM THE FINANCIAL SERVICES SECTOR GLOUCESTER – Ref 240
September 22, 2020
retiring ifa for sale in yorkshire
DIRECTLY AUTHORISED IFA / WEALTH MANAGEMENT FIRM – RETIREMENT SALE £80M FUM – £500k RECURRING INCOME – LEEDS – Ref 238
September 8, 2020

LONG ESTABLISHED & SUCCESSFUL FINANCIAL ADVISORY FIRM – £45m FUM – LOYAL CLIENT PORTFOLIO AVAILABLE FOR ACQUISITION ENABLING THE FOUNDING DIRECTOR A FUTURE RETIREMENT OPPORTUNITY – NORTH EAST ENGLAND -Ref 239

retiring ifa for sale in yorkshire

Background

 

Originally founded in 1986 and managed consistently by the same Director / Adviser this IFA has provided a sterling service to individuals and families throughout the North East of England.

Directly Authorised and with c£45m FUM the firm services a loyal and longstanding client portfolio of 180 active cases.

Recurring income annually of £225k is achieved.

 

Requirement

 

With retirement now an increasing lifestyle priority for the Director a new custodian for the clients is sought.

The expectation is an acquirer will be able to demonstrate client servicing capabilities throughout the North East of England and have the same cautious / vanilla attitude to risk free advice.

 

Consideration

 

Given this is a “clean” business with no legacy issues from high risk products sales and no client compliants the vendor reasonably expects to achieve an upper market rate valuation.

Using an industry standard 3-3.5 times recurring income valuation metric provides a valuation in the band £675-785k.

A completion is sought during Q4 2020 / Q1 2021

 

Express Interest

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




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