The Company

Our client has been in financial services for over 10 years so extensive knowledge of the industry. Most recently they have worked as a Managing Director for a Wealth Management firm where their primary focus was to oversee the growth of business. Now they are looking to venture out and create their own business.

They have their own savings which they will be using initially to fund the first purchase and then funding in place to support further acquisitions.  

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 3.5x to 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
  • Deals are non-contingent to moving clients to centralised investment proposition
  • Honour existing charging structures during the deferred buyout period
  • Offer share purchase

Criteria

  • You must be a Financial Adviser looking to stay on post sale
  • Clean compliance record with no / few upheld complaints

Locations

Exeter or London

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.