A directly authorised IFA practice established in the early 2000’s is seeking a succession partner for a phased exit over 2-3 years. The business manages around £55 million generating recurring income of approximately £450,000 annually.
The practice serves roughly 100 households with average holdings of around £550,000, primarily senior executives, business owners, and retirees. All clients are on Transact platform using Tatton discretionary management.
The vendor seeks a culturally aligned successor who values client-first approach and continuity. Strong preference to maintain Transact and Tatton arrangements. The vendor is willing to remain involved post-sale for smooth transition.
An excellent opportunity for an acquiring firm or advisor seeking an established practice with quality clients and consistent recurring revenue.