Are you a Financial Advisor based in the North East looking to retire and want your clients to be serviced by a directly authorised firm who prides itself on straight talking independent financial advice rated 4.7 out of 5 on VouchedFor?
Sell and retire
This preferred option would suit Financial Advisors considering retirement and would like to support the client handover process in an Ambassadorial capacity.
Sell and stay
This option would be considered for vendors who would like to stay on post sale.
Acquisition Deal Value
Will pay between 3 and 4 times recurring income with competitive payment terms where vendors would like more up front than the usual 50% or over a shorter deferred buyout period e.g. 1 year instead of 2 or 3.
This is ideal for Financial Advisors based in the North East who:
This directly authorised IFA business was established in 2017 and has around £120m of Funds under Management. The projected net worth in the balance sheet is over £1m. The owner has been involved in financial services for over 30 years with many loyal clients that have followed him. The firm currently has 3 IFAs plus Paraplanner and Admin support team. Whilst the company has open architecture its platforms of choice are Ascentric and True Potential. The firm would build relationships with acquired clients in the first instance before recommending any changes. They are keen to utilise cash balances to acquire a couple of smaller IFA firms with £10m to £20m of FuM.
IFA Client Bank Criteria
Financial Advisor Client Acquisition Benefits
Call us now on 0208 0044 154 or click Apply
Liability and Disclaimer
The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate; we give no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.