retiring ifa for sale in wales
Chartered Planning / Wealth Management firm for acquisition as a going concern – South Wales – £140m FUM – Ref 243
February 4, 2021
IFA for sale in london
Established IFA for sale – “Sell & Go” – Buckinghamshire. £103m FUM – Ref 241
October 7, 2020

Modestly scaled Directly Authorised advisory business available for sale enabling a retirement – Dorset £40m FUM – Ref 242

Background

 

A long established and well organised Ltd Company advisory business operating from offices in Dorset.

Client portfolio comprises individuals, families, and local businesses / SMEs.

Computerised client records retaining all data using leading industry software.

With £40m FUM and a recurring income of c£180k this is a neat business and an ideal acquisition prospect – good client relationships so strong levels of loyalty making client on-boarding and integration a simple process.

 

Requirement

 

With retirement a short-term ambition for the firm’s founding Director an acquirer is sought offering market rate terms by a Dorset of bordering County firm.

Local client servicing capabilities in the acquirer firm are important as well as a recognition of 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 a 3-3.5 times recurring income so offers in the region of £540-630k are sought.

Consideration will pass from acquirer to vendor in 3 stage payments over a 24-month term as a share purchase.

 

Express Interest

Interested and would like to learn more?
Call us on 020 4540 0457 or contact us here.




    I consent to Tomorrow IFA using the above details to contact me about IFA opportunities