Reference: 25999 | Region: Selling , South East , South West | Price: £198,000 | Funds Under Management: £13,000,000 |
Recurring Income: £61,000 | No of Active Households: 68

This 1-man band advisor is in their 40’s and is tired of the regulatory requirements of running a DA firm so wants to a join another business so they can focus solely on advising and create a capital event for their client book at the same time.

The advisor is relocating from the South East coast to Cheltenham, Gloucestershire and is looking for an acquirer who will purchase their clients and enable them to stay on advising. They will continue to service their clients as they will look to go back 2-3 days a month to do this.

Their client book consists of c68 households with average holdings of £200k. The business has c£13m FuM which is generating c£61k of recurring income.

Ideally seeking a share sale so they can benefit from business asset disposal relief. This is a clean business with no high risk areas of advice such as DBTs.