The Company

Our clients acquired this company over 5 years ago and have focused on growing it organically and through acquisitions. Their long-term goal is to reach £500m of FuM and with the businesses they have in pipeline currently, they should be at c£250m.

Offering independent financial advice with open architecture to enable clients to stay invested on existing investment mandates

The firm have strong financials with funding in place to support their growth plans through acquisitions. They have an excellent acquisition track record by having undertaken previous acquisitions, where they have developed a tried and tested model of retaining clients.

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 client to migrate on existing mandates where these best meet the clients’ needs

Value

Generally a multiple of 3 to 3.5x of ongoing fee income, although could look up to 4x on a longer earnout.

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
  • Deals are non-contingent to moving clients to centralised investment proposition
  • Any changes to existing charging structure will be discussed with the vendor to understand the best possible approach that will work for their clients
  • Tried and tested acquisition model which will enable smooth transition of clients to maximise retention
  • Happy with both share and asset purchases

Criteria

  • You must be a Financial Adviser, with between £20m and £85m 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