The Company

Our client has been in Financial Services for over 25 years and set up their own company 10 years ago with offices based in Manchester. They have grown their FuM to over £80m and have completed one acquisition previously, so they have experience of acquiring and retaining clients.

Offering Financial Planning and Discretionary Investment Management to clients. Total TER for planning and DFM is 1.5%.

The firm has strong cash balances which will they will be using to fund this acquisition.  

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

Value

Generally a multiple of 4x of ongoing fee income. Typical payment structure of 50% upfront, 25% at 12 months and 25% at 24 months

Benefits

  • Independent Financial Advice
  • Offer Discretionary Investment Management
  • 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 to consider both Share and Asset purchases

Criteria

  • You must be a Financial Adviser, with up to c£30m of FuM
  • HNW clients with minimum average holdings per household of c£400k 
  • Clean compliance record with no / few upheld complaints

Locations

North 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.

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