The owner of this directly authorised business has been in the industry for 40 years so feels it is now time to retire. They manage c£40m of FuM which is generating just over £200k of recurring income. This is made up from 25 households with average holdings of c£1.6m. They have clients dotted across the UK although the majority are in the Midlands with an average age of 73.
Seeking share purchase to benefit from BADR and ideally a multiple of 4x recurring income.