This directly authorised, independent financial advice business is seeking a local acquirer, ideally offering a share sale so that they can benefit from Entrepreneur Relief.
They have circa £23m of Funds Under Management, spread across several platforms and providers, generating £140,000 recurring income. In addition, they have a number of clients which are not on ongoing adviser charges, therefore, opportunity to increase FuM. Their loyal client bank is predominantly based in Kent.
They have no high risk investments nor any upheld complaints.
The owners would be happy to stay on post sale to assist with transitioning the clients and ensuring an effective handover.