Local North East IFA firm looking to acquire small IFA client bank

The Specialists in Financial Services Recruitment

Job Details

Local North East IFA firm looking to acquire small client bank Acquisitions
Reference ID: 927
  • Salary/OTECirca 3x - 4x recurring income
  • Vacancy LocationStockton-on-Tees
  • RemunerationSelf-Employed
  • RegionNorth East
Job description

This local IFA firm is looking to acquire a small client bank within the North East area

The Acquirer

Our client is an experienced Financial Adviser who has won awards throughout his career, before setting up his own directly authorized, local IFA firm in Stockton-on-tees. In 2015, he successfully went through the process of acquiring an IFA client bank, which has proven to be successful through high client retention and built strong relationships. Therefore, he is now ready to undertake further small acquisitions.   

Options - Sell & Go with a local IFA firm

Fortunately, the acquirer benefits from having open architecture, as such he would look to leave acquired clients on their existing platforms or providers. Plus, would look to initially keep clients on their existing adviser fee charging to avoid unsettling the relationships. The Principal is perceived by clients as professional and friendly, with respect for providing independent, unbiased financial advice.

Value - 3 to 4 times recurring income

This is an ideal opportunity if you:

  • Are considering retirement from being a Financial Adviser
  • Want a local Financial Adviser to takeover your client servicing
  • Want a fair price for your client bank
  • Want your clients to receive minimum disruption


You should have your own clients with recurring income of up to £100,000


Within 50 miles of Stockton-on-tees

Call us now on 0208 0044 154 to discuss this further

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