This small vanilla lifestyle IFA business was incorporated in 2015. Turnover was circa £40k per annum with business mix of 75% corporate (group life / PMI) and 25% Retail with c£2,5m FuM. Clean compliance and no upheld or ongoing complaint. Following the retirement of the owner this business was acquired by a larger IFA firm who have transitioned all clients into their business. With cash left at bank to meet capital adequacy of £20k, everything else has been stripped out. This would suit someone looking to acquire a clean shell business for Change in Control of directly authorised permissions, but not needing any clients. This is available for sale for £40k plus cash in bank of £20k.
Directly authorised IFA shell business available for sale with stripped out client assets.
Reference: 28682 |
Region:
Selling , Yorkshire & The Humberside |
Price: £40,000 |
Funds Under Management: 0 |
Recurring Income: 0 |
No of Active Households: 0