Are you seeking an IFA firm based in the Midlands with over 50 years’ experience with substantial cash balances to acquire your IFA Clients?
Competitive Deal Options for share or asset purchases
Offering between 3 – 4 x recurring income; each deal being considered on its own merits. The acquirer is open to both asset purchases and share purchases for businesses in the Warwickshire, Worcestershire and Gloucestershire area. They are ideally looking for client banks with a minimum of £100k of recurring income up to £600k with average investment holdings per household of a minimum of £200k.
Payment period typically is 50% upfront, followed by 2 deferred payments of 25% at 12 months and 25% at 24 months
This is ideal for retiring IFAs in the Midlands, who:
- Are seeking retirement and an exit from financial services
- Want to deal with a local firm with a local firm with over 50 years’ experience of protecting and growing clients’ assets
- Want an acquirer to have open architecture to maintain existing investment arrangements
- Are happy to maintain existing investment mandates and charging structures whilst they build strong relationships with acquired clients
- Would like to deal with established firms who have cash balances to fund acquisitions without the need for leveraging finance
The Acquiring Company
Established over 50 years ago, they have grown their independent financial planning business to managing over £650m of funds under management.
They continually look to evolve and improve their service to clients and are well respected within their business community.
They have made 3 successful acquisitions in 2023 so have developed a tried and tested model. They have also been growing organically so are well placed to continue this growth from retained profits due to strong cash balances within the business.
Locations
- Warwickshire
- Worcestershire
- Gloucestershire
Call us now on 0208 0044 154 or click Apply
Liability and Disclaimer
The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate; we give no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.