The Company
Our client company was established in 2012 as the wealth arm of a highly successful accountancy practice with over 40 years of heritage and a turnover in excess of £7m. With 3 offices in the Midlands, they have built a strong presence and now manage FuM of £100m+ with 2 advisers and 5 support staff.
They offer independent financial advice with full open architecture, enabling clients to remain invested on existing mandates while new relationships are built. Their proposition includes cashflow modelling and the ability to provide tax advice, making them a one-stop shop for wealth and tax planning needs.
The firm has strong financials, supported by established banking relationships and capital reserves, with funding in place to support 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
Option – Sell and Stay
This is ideal if:
- You are considering semi-retirement
- You would like to give up running your advisory business, however, not ready to stop advising
- You want to create a capital event with a highly competitive price for your business with ongoing remuneration for continuing to advise
- You would like open architecture to allow your clients to migrate on existing mandates where these best meet their needs
Value
- Generally a multiple of 3x to 4x of ongoing fee income
- Typical deal structure: 50% upfront on completion, 25% at 12 months, 25% deferred
Benefits
- Independent Financial Advice
- Open architecture to leave clients on existing mandates whilst new relationships are built with advisers
- Cashflow modelling included in client proposition
- Strong Midlands presence with three office locations
- Deals are non-contingent to moving clients to a centralised investment proposition
- Existing charging structures honoured during the deferred buyout period
- Tried and tested acquisition model enabling smooth transition of clients to maximise retention
- Preference for asset purchase however wouldn’t rule out a share purchase
- Continuity assured with senior leadership committed to working long-term
Criteria
- Target acquisition size of c50 households
- Clean compliance record with no / few upheld complaints
Locations
Midlands
Call us now on 0208 0044 162 or click Apply
Liability and Disclaimer
The information contained in this advert including any valuation calculations and percentage of upfront 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.