Currently running a directly authorised IFA business in North Yorkshire with £50m Funds under Management and £500k annual turnover. Boasts a loyal client base of around 200 households, with an average client holding of £250k all located fairly close to their office. The vendor is seeking an acquirer to handle business operations while they stay on post sale and continue to advise clients for 1-2 years. 99% of clients come into the office for reviews so it is important an acquirer retains this as well as the vendors daughter who is also in the business and has been for 20+ years. Ideal opportunity for a firm looking to expand in the North Yorkshire area with a well-established practice and a loyal client base.
Experienced Financial Advisor with 20+ years in the industry seeks strategic partnership.
Reference: 84721 |
Region:
Selling , Yorkshire & The Humberside |
Price: c£1,400,000 |
Funds Under Management: £50,000,000 |
Recurring Income: £370,000 |
No of Active Households: c200