Background
A traditionally run IFA servicing a local community loyally and professionally for several decades.
Compliant trade. Prudent advice. A clean business.
£50m AUA and £240RI plus some old style pre RDR trail.
All records maintained in computerised form. Regular external compliance oversight and full PI cover.
Requirement
The 63 year old vendor is looking to achieve a safe custodian for his clients, fair consideration, and an opportunity for a retirement ideally pre Easter 2024.
Interest is invited from existing IFA / Wealth Management firms with client servicing capabilities in the area where the vendor’s clients reside.
Consideration
A market rate valuation is expected for this business using normal metrics either as an asset purchase or as a share sale – the latter being preferable to the vendor.
Express Interest
