This directly authorised firm manages approximately £65 million across around 500 clients, generating over £450,000 recurring income annually with additional new business income.
The business operates a clean, vanilla model with no defined benefit transfers, maintaining a balanced portfolio split between pensions and investments with some protection business. With clients averaging in their late fifties and typical holdings around £200,000, the geographically diverse client base spans West Yorkshire, Stockport, and the South East. The majority of assets sit on True Potential’s platform with ongoing advice fees typically under 1%.
The team includes a Level 4 qualified IFA managing over 200 clients and an experienced assistant with over two decades in the industry. Annual turnover exceeds £600,000. The practice maintains a clean compliance record with no upheld complaints or FCA breaches, operating remotely with electronic systems via True Potential CRM.
This represents an attractive opportunity for consolidators seeking a quality book with excellent retention potential and established infrastructure.