retiring ifa for sale in wales
Chartered Financial Planning Firm – £132m FUM – Available for acquisition as a going concern – South Wales – Ref 152
June 12, 2018
Financial advisory firm – c£50m AUM – Client portfolio of loyal & longstanding high quality clients predominantly based in Hampshire & Dorset – Ref 145
April 26, 2018
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Traditional IFA servicing a long-standing and loyal client portfolio within South Wales and the Valleys. c£65m FUM – Ref 148

retiring ifa for sale in wales

Background

 

A traditional IFA led by 3 Directors servicing a long-standing and loyal client portfolio within South Wales (Cardiff, Swansea & Newport & Valleys). Strong presence within a niche market. Exceptional local contacts. Innovative and highly successful marketing initiatives ensuring consistent new business of a high quality.

An opportunity to acquire an established business with huge potential.

 

 

Requirement

 

One of the Directors is looking for an immediate retirement for age/health reasons. The remaining Directors (aged mid-50’s) currently service the full client base comprising c£65m FUM generating c£300k annual revenue. Both wish to remain in an advisory capacity for a 5-10 year period working within an organisation with shared commercial and cultural values. Imperative within any prospective acquirer is a recognition and awareness of South Wales cultural and behavioural qualities.

 

 

Consideration

 

Market rate valuation is expected at a 3 – 3.5 times multiple of recurring income.

An immediate buyout for the retiring Director and a mechanism of deferred buy-out terms for the remaining adviser / Directors providing incentive and capital events.

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