Are you a Financial Adviser with up to £250m of FuM looking to sell your client bank to an established international firm?

The Company

Our client company have an international presence and are now looking to break into Europe. They have already acquired a DFM in Europe with c$600m FuM with two further offers in pipeline through ourselves. They are now wanting to acquire additional sizeable UK IFA businesses.

Offering independent financial advice with open architecture to enable clients to stay invested on existing investment mandates

The firm have strong financials with funding in place which can be held in escrow, to support their growth plans through acquisitions.

Option – Sell and Go

This is ideal if:

  • You are considering retirement
  • You want a fair and highly competitive price for your client bank
  • You would like a structured, simple handover that is sensitive to your clients
  • You only want to deal with a financially sound firm where deferred payments are held in escrow

Option – Sell and Stay

This is ideal if:

  • You are considering semi-retirement or want to sell to a forward-thinking Wealth business
  • You would like to give up running your advisory business, however, not ready to stop advising
  • You want to create a capital event with a highly competitive price for your business with ongoing remuneration for continuing to advise
  • You would like open architecture to allow your client to migrate on existing mandates where these best meet the clients’ needs

Value

Typically a multiple of 5x – 8x EBITDA

Payment terms can be flexible with a chance of 100% of the purchase price being paid in 6 months. Happy to hold deferred payments in escrow.

Benefits

  • Independent Financial Advice
  • Open architecture to leave clients on existing mandates whilst new relationships are built with advisers
  • Deals are non-contingent to moving clients to in-house investment solutions
  • Honour existing charging structures during the deferred buyout period
  • Tried and tested acquisition model which will enable smooth transition of clients to maximise retention
  • Happy with both share and asset purchases
  • Will consider DB transfers subject to file checks via due diligence where transfer advice meets ‘Gold Standard’

Criteria

  • You must be a Financial Adviser with up to £250m of FuM
  • Clean compliance record with no / few upheld complaints

Locations

Nationwide

Call us now on 0208 0044 162 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. However, Premier Jobs UK Ltd gives 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.

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