Are you a Financial Advisor based within a 40-mile radius of Bridgwater looking to retire and want your clients to be serviced by a local Independent Financial Advisor?
The Company
With over 20 years of experience providing first class financial advice, our client brings a wealth of knowledge advising personal clients covering areas such as retirement, estate planning, wealth protection, tax efficient investment planning, mortgage advice, personal and business protection. Due to firms selling through retirement our client is seeking to branch out on his own, with existing Funds under Management of c. £4.5m built up from a standing start recently, and eager to grow through acquisition of an additional c£10m to £20m FuM.
Acquisition Option – Buy-out (sell and go)
With capacity to absorb another £10m to £20m FuM this will enable you to be reassured that all your clients will continue to receive high quality independent financial advice after your retirement.
Deal Value
· Ideally, consideration value is up to £300k, although could be higher subject to agreeable deferred payment terms
· Typically, 50% upfront followed by 2 deferred payments of 25% at 12 and 24 months
This is an ideal opportunity if you:
Benefits
Client Bank Criteria
You should be a Financial Advisor, with an established client bank ideally generating recurring income of £50k - £100k (will consider lower or higher levels of RI)
Locations
40 mile radius of Bridgwater
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.