The practice manages £60 million in funds under management across 105 households, with an average client holding of £570,000.
Current recurring income stands at £320,000, expected to rise to approximately £400,000 by year end. The client base has an average age of 65 years, with assets predominantly held in pensions at 75% and investments at 25%. Most clients are based in and around London, with the practice including approximately ten clients holding over £2 million each.
The seller seeks a four times recurring income valuation with 60% upfront payment and is ready to begin the process immediately, offering to assist with client handover post-sale.