The Founding Director of a modestly scaled IFA operating from offices in Gloucester servicing clients within the immediate area and Bristol has decided to retire due to ill health.
The business hosts a modest portfolio of c185 clients with £10m FUM generating £55k Recurring Income.
Fully FCA compliant with a clean trading record.
With ill health changing work / lifestyle priorities the vendor wishes to achieve a business sale within Q2 2018.
Interest is sought from acquirers ideally within a reasonable geographical proximity and with client servicing capabilities.
Market rate consideration is expected however due to health related pressures there is opportunity for a swift transaction at competitive rates.