Background
With over 30 years dedicated service to a loyal client portfolio of individuals and families located in the County of Hertfordshire.
£40m AUA and a RI of c£400k.
A “vanilla” low risk traditional style advisory business established and managed by a prudent and professional IFA.
Requirement
The business is trading profitably and shows every reason for the same going forward. However the founding Director has suffered from a deteriorating health condition which will soon start to compromise his ability to provide clients the same degree of attention and service as they’ve enjoyed over the years.
The vendor wishes to secure a new custodian for his clients and will take an early retirement to concentrate his time on his health, family, and recreational pastimes.
Consideration
The business is well founded without legacy issue and has steered away from the promotion of “high risk” products. So offered here is a sound and robust business model. One that is only being offered to the market for health reasons.
Justifiably a market rate consideration is expected for this entity which will be as a share sale so enabling the vendor ETR eligibility.
Deal terms are expected to be achieved during 2025.
Express Interest