The owner of this IFA firm is looking to retire within 2 years through an acquisition having worked in Financial Services most of his life. Ideally looking for an Acquirer who would be happy to TUPE his employed advisor and support staff.
This business has c£25m FuM generating £140k recurring income, with a further £18m of FuI. Plus, receives corporate ongoing fees of £150k from around 40 corporate clients.
Mixture of clients based in the South East / London area and online clients across the UK who are used to video reviews. Average holdings of c£300k+.