Reference: 26818 | Region: Northern Ireland , Selling | Price: c£2,800,000 | Funds Under Management: £75,000,000 |
Recurring Income: £560,000 | No of Active Households: 300

This forward thinking Financial Advisory firm was set up in the last 4 to 5 years. It is jointly owned, and both owners are of retirement age and ready to sell the business. Currently, they manage c£75m FuM, which is generating c£560k of recurring income (0.75%). They have an additional £25m in pipeline which should take them to £100m imminently. Their average client holding is c£250k.

They have developed a unique marketing model that sets them apart from their competitors. Through this model providing a portfolio analysis service they rank very highly due to their SEO which generates c70-100 leads per month, which creates an additional £25m of FuM per annum with typical holdings per client of c£250k.

Their preference is to explore a sale of the entire business rather than opting for an asset sale solely based on FuM as they value the marketing model highly. Therefore, they are seeking a valuation of circa 5 times or more  of recurring income. The clients are serviced by 3 remote working IFA’s offering reviews via phone or video call. This business is scalable and would offer an acquirer the ability to use this model to grow assets well above the current run rate of £25m per annum.