Are you a Financial Advisor based near Borehamwood (Herts, Essex or North London) with £10m to £15m FuM seeking to retire and sell your client bank to a local Chartered Financial Planner?
Acquisition Deal Value
Competitive multiple of recurring income of between 3 and 3.5 times with a payment structure typically over 2 years.
This is ideal for Financial Advisors where:
This financial planning business is an appointed representative of a major network and has been established for over 20 years. The business operates from a good-sized office with meeting rooms in Borehamwood. As well as the Principal being a Chartered Financial Planner the firm have 2 Mortgage & Protection Advisers and 5 support staff. Whilst the firm are continuously growing organically from referrals, they are keen to accelerate the growth with an acquisition of a client bank with circa £10m to £15m FuM. This is likely to suit a 1 to 2-person firm looking to retire / exit from financial services. The firm would have access to being able to provide open architecture, so that investments and pensions with different providers and platforms can be maintained on existing investment mandates. The business has healthy surplus credit bank balances to cover professional fees and upfront acquisition payment.
IFA Client Bank Criteria
Financial Advisor Acquisition Benefits
Borehamwood (Hertfordshire, Essex and North London)
Call us now on 0208 0044 154 or click Apply
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