The business manages £37m for approximately 150 households, primarily on the Transact platform. Charging 1.5% ongoing and up to 3% initial which is generating a recurring income of £450k and new business income of £50k. This directly authorised firm offers a solid client base mostly aged 50-70. The owner is looking to retire and is open to assisting with handovers. This represents an excellent opportunity for acquisition in a prime London location, with a targeted sale completion before April 2026.
Directly authorised Independent Financial Adviser practice in North London available for acquisition
Reference: 46602 |
Region:
London , Selling |
Price: c£1,800,000 |
Funds Under Management: £37,000,000 |
Recurring Income: £450,000 |
No of Active Households: 150