Are you seeking a regional Chartered IFA firm based in the North West to acquire your IFA clients? This IFA business is experienced in acquisitions, having successfully completed on a dozen purchases to date.

North West IFA Client Purchases

They are open to acquiring either client banks from sole trader IFAs or IFA businesses within the North West. As the acquirer is directly authorised, they have open architecture which means clients’ investments would be undisturbed. In addition, the acquirer will leave the existing fee charging model in place for at least 18 months.

Sell and go – Acquisition Deal Option

Offering between 3 – 4 x recurring income; each deal being considered on its own merits. The acquirer is open to considering share purchases or asset purchases. Payment period typically is 50% upfront, followed by 2 deferred payments of 25% at 12 months and 25% at 24 months

Deferred Acquisition Option

They also offer deferred acquisition options for IFAs who want to give up the compliance burden and become an AR for 2 – 5 years. You can trigger the sale of your clients when you are ready. As you will have been part of the business already, it would enable a smooth handover period. For this deferred purchase option, they typically make full payment on completion.

This is ideal for retiring IFAs in North West, who:

  • Are seeking retirement or semi-retirement
  • Want to deal with a business experienced in acquisitions and have been successful in transitioning clients
  • Want their clients to be serviced by Chartered Financial Advisors
  • Are based within Chester, Knutsford, Liverpool, North Wales, Southport, South Manchester or the Wirral
  • Want most clients to receive face-to-face financial planning reviews
  • Would appreciate an acquirer who creates financial plans for majority of clients and has special arrangements to provide free tax return, will writing and LPoA services

The Acquiring Company

Established in 2010, they have successfully grown their independent financial planning business and currently in excess of £900m of funds under management and supported by over 50 staff. Due to their desire to have superior quality within their Financial Advisor and Support team, the business has been awarded ‘Chartered Financial Planner’ status.

As a regional IFA firm, they have 3 offices within the area and able to provide excellent coverage across the area.

The business has special arrangements in place with Accountants to provide a free tax return service and with Solicitors to provide a free will writing and LPoA service to high net worth clients. Therefore, this could be an added benefit to your clients following the acquisition!

Call us now on 0208 0044 154 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; we give 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.