retiring ifa for sale in south east
LONG ESTABLISHED ADVISORY AND EMPLOYEE BENEFITS BUSINESS – HAMPSHIRE – C£130m FUM – Ref 233
May 28, 2020
retiring ifa for sale in south east
Multi Award Winning Chartered Financial Planner / Discretionary Portfolio Manager – available for acquisition Q3 2020 – South East of England – Ref 231
May 28, 2020

MODESTLY SCALED ADVISORY BUSINESS AVAILABLE FOR ACQUISITION – SOMERSET – £16m FUM – Ref 232

retiring ifa for sale in south west

Background


A long established and well organised sole trader / Ltd Company advisory business operating from offices in Somerset and servicing a client portfolio comprising individuals, families, local businesses and agricultural / farming communities.
Computerised client records using industry leading software.
With c£16m FUM and an annual recurring income of c£85k this is neat business and an ideal acquisition prospect – good client relationships so strong levels of loyalty making client onboarding and integration a simple process.

 

 

Requirement


The vendor hopes to attract and secure terms with a Somerset or bordering County firm with local client servicing capabilities recognising the importance of cultural alignment.
Share purchase terms are expected – not unreasonably given the firm has avoided the promotion of “high-risk” product sales so offers an impeccable legacy book.

 

Consideration.


Firms of this quality routinely command 3-3.5 times recurring income and it is expected the same so the vendor seeks offers in the region of £250-300k as a share purchase with consideation passing from acquirer to vendor in 3 stage payments over a 24 month term.
Ideally a deal to be completed during Q3 2020.
Express Interest

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




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