Directly authorised business with clean compliance record managing c£16.5m (£7m Prudential, £5.5m Transact, £2.6m RL) with £82k recurring income. This practice set up in early 2000’s and transitioned to wealth management just over 10 years later. Servicing c70 households (53% of the book is aged over 70) with average holding of £225k. Annual face-to-face or telephone reviews maintaining strong client relationships.
Experienced Independent Financial Adviser looking to sell established client bank in the northeast.
Reference: 73649 |
Region:
North East , Selling |
Price: c£246,000 |
Funds Under Management: £16,500,000 |
Recurring Income: £82,000 |
No of Active Households: c70