The Company
Our client has almost 15 years experience as a Financial Advisor. They have recently established their own business with offices based in Bath and have grown their FuM to £15m which they are looking to add to.
Providing wealth management and financial advisory services to 40 households therefore have capacity to grow their client base and see acquisitions as their desired route to do so alongside organic growth.
Offering independent financial advice with open architecture to enable clients to stay invested on existing investment mandates
The firm have funding in place to support their growth plans through acquisitions.
Option – Sell and Go
This is ideal if:
• You are considering retirement
• You want a fair and highly competitive price for your client bank
• You would like a structured, simple handover that is sensitive to your clients
• You only want to deal with a financially sound and highly reputable Independent Financial Advisory firm
• You want your clients to be looked after by local IFAs
Value
Generally a multiple of 4x to 4.5x of ongoing fee income.
Typical deal structure of 50% upfront on completion, 25% at 12 months and 25% at 24 months.
Benefits
• Independent Financial Advice
• Open architecture to leave clients on existing mandates whilst new relationships are built with advisers
• Honour existing charging structures during the deferred buyout period and can gradually uplift or no uplift
• Happy with asset purchases
Criteria
• You must be a Financial Adviser, with up to £15m of FuM
• Clean compliance record with no / few upheld complaints
Locations
South West
Call us now on 0208 0044 162 or click Apply
Liability and Disclaimer
The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate. However, Premier Jobs UK Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.