Nottinghamshire IFA looking to acquire local clients

The Specialists in Financial Services Recruitment

Job Details

Nottinghamshire IFA looking to acquire local clients Acquisitions
Reference ID: 1082
  • Salary/OTEUp to 3.5 times recurring income with up to 50% up front with 2 deferred payments at 12 and 24 months
  • Vacancy LocationNottinghamshire
  • RemunerationSelf-Employed
  • RegionMidlands
Job description

Are you hoping to retire within the next year and are looking to sell to an experienced Financial Adviser with over 15 years financial industry experience?

This opportunity is ideal for IFAs based in Nottinghamshire or neighbouring counties and who:

  • Are wanting to retire within the next 1 – 2 years
  • Want to ensure your clients go through a smooth transition period with an experienced buyer 

Acquisition Deal Value

Up to 3.5 times recurring income with up to 50% up front with 2 deferred payments at 12 and 24 months

The Company

  • Has relocated to Nottinghamshire and wants to acquire a local financial planning business
  • Previously owned a successful wealth business that had grown to £28M FuM with a clear compliance track record
  • Diploma qualified with extensive experience of Investment planning, Inheritance Tax planning, Retirement planning including annuities, Business and Personal Protection.
  • Is willing to pay circa 3.5 times recurring income on businesses with a recurring income of £150k 

Requirements

£10m to £20m Funds under Management and / or recurring income of £150k pa 

Locations

Based in Nottinghamshire or neighbouring counties e.g. Derbyshire, Lincolnshire, Leicestershire or South Yorkshire

Acquisition Benefits

  • Potential option to stay on for up to 2 years post sale
  • Earn up to circa 3.5 recurring income over 2 years with 50% up front 

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.

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