Reference: 18995 | Region: Midlands , Selling | Price: £320,000 | Funds Under Management: £16,000,000 |
Recurring Income: £85,000 | No of Active Households: 80

This sole Financial Advisor operates his own directly authorised IFA firm, having established a good presence in the local area and would be keen for an acquirer to utilise this. The owner is looking to sell, in order to relocate and enjoy a well deserved retirement.

The 80 households are local to the business, with most being in the same postcode and some within the neighbouring postcodes.

Average client holdings £187,500.

This firm have a clean compliance track record, with unblemished zero complaints and no DB transfers. This clean bank would be an excellent acquisition for a local IFA firm looking to incorporate additional clients or increase their presence in the area.