The practice manages £12m in funds which is spread across Nucleus (£4.25m), AJ Bell (£2.5m), Standard Life (£2.5m), Royal London (£1m). This generates approximately £82k in annual turnover with £70k of this coming from recurring income. With a client base of 50 households, this opportunity offers a solid foundation in investment and pension planning.
The owner is looking to retire and find a new home for their loyal clients, making this an ideal acquisition for a growing IFA firm seeking to expand in the South West region.