Reference: 12697 | Region: Selling , South East | Price: £4,000,000 | Funds Under Management: £200,000,000 |
Recurring Income: £1,050,000 | No of Active Households: 750

The owner of this IFA firm is keen to sell to an acquirer that will build on the strong foundations that his team have worked hard to establish. It is important to the owner for the staff and Advisers to be looked after. As the business is well placed to create a hub for an acquirer, the offices could be retained.

A loyal team of high quality staff work closely together to service their mass affluent and high net worth clients, totalling over £200,000,000 Funds under Management, producing £1,000,000 recurring income. In addition, the business produces circa £500,000 of new business income. The business owns all of the clients.

The owner is seeking a share sale and achieve £4,000,000 consideration price.

Within the business, they also have a mortgage team. Therefore, this could benefit an acquirer without a mortgage division, who could offer the services to their own clients.