Following a lifetime career servicing individuals, families and SMEs with their financial needs this sole trader wishes to secure a new custodian enabling his retirement.
A Directly Authorised business with c£20m AUM / £15.5m FUM achieving recurring revenues of c£90k ( a 0.6% client charging model).
Clients are located throughout the Liverpool and 20 mile catchment area.
A vanilla attitude to investment so a business with a completely clean trading record and free from any form of high risk product promotion.
The vendor is keen to achieve a market rate value for his business – from an acquirer with similar cultural values and importantly existing servicing capabilities within the North West of England.
Interest is invited from acquirers with reason and resources to achieve a completion during Q4 2020 / Q1 2021.
This is a clean business with all it’s records retained in computerised form using industry leading software. Quite reasonably a market rate valuation is achievable so interest is expected in the region of £300-325k as an ETR qualifying share sale.
Deal terms with consideration passing from acquirer to vendor over a 18-24 month term inExpress Interest