The Company

Our client company is directly authorised and was established in 2006 with offices based in London. They have grown their FuM to £500m with 10 advisers. They are keen to continue to grow via acquisitions to reach over £1bn of FuM.

Offering independent financial advice. The firm has backing from a large national firm to support their growth plans through acquisitions.

They have undertaken one previous acquisition where they 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 3.5x to 4x 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 in-house DFM / centralised investment proposition.
  • Honour existing charging structures for the first 12 months
  • Tried and tested acquisition model which will enable smooth transition of clients to maximise retention
  • Happy with both share and asset purchases
  • Will consider DB transfers subject to file checks via due diligence where transfer advice meets ‘Gold Standard’
  • Can offer self employed or employed model for advisers looking to stay on post sale

Criteria

  • You must be a Financial Adviser, with up to £250m of FuM
  • Minimum average holdings per household of £100k
  • Clean compliance record with no / few upheld complaints

Locations

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.

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