The Company

Our client company was established in 2016 with offices based near London. They have grown their FuM to c£600m through acquisitions and organic growth. They have an excellent acquisition track record by having undertaken 9 previous acquisitions, where they have developed a tried and tested model of retaining clients. Plus, they are experienced in acquiring large IFA firms with their biggest deal to date being over £200m of FuM!

The firm have strong financials with funding in place to support their growth plans through acquisitions.

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

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
  • Open to take IFA’s on self-employed terms if they’re not quite ready to retire but have the option of a future buy out.

 Value

Highly competitive multiple of current EBITDA particularly where there are opportunities for growth including uplifts in fees or greater proportion of TERs generated for the acquirer by utilising their in-house Asset Management Solutions plus through applying economies of scale

Our client would also consider offering c3.5x recurring income

Typical deal structure of 50% upfront on completion, 25% at 12 months and 25% at 24 months or a 1/3rd 1/3rd 1/3rd over 2 years

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 in-house DFM / centralised investment proposition
  • Honour existing charging structures during the deferred buyout period
  • 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 a minimum of £60m FuM
  • Clean compliance record with no / few upheld complaints

Locations

South East but can consider nationwide for hub opportunities 

Contact us, 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.

IFA Acquisitions