Are you looking for a buyer who is rated 5* on defaqto and isn’t looking to make any immediate changes to clients existing mandates as they are more focused on building relationship initially to build up that trust.
They are keen to acquire directly authorised IFAs with c£30m – £100m of Funds under Management.
The Company
The company were founded in 2020 by two risk and wealth management specialists with over 35 years of combined experience at a leading global investment bank. The firm is a multi-asset, multi-strategy investment manager that allocates to a broad range of products and believes in direct equity exposure alongside passive and active funds. They are looking for their first acquisition to be a share purchase of a directly authorised Ltd company to enable a change of control. Their goal is to reach £100m FuM which can be achieved via 1 or 2 deals.
Acquisition Option – Buy-out (sell and stay/go)
Open to both you staying on post sale to continue to advise or help with the handover and then retire.
Locations
- Based in Dorset but happy to consider anywhere in the South of England
Value
Negotiable – anywhere from 3.5 times – 4 times recurring income; with 50% upfront on completion date, followed by 25% in 12 months and 25% in 24 months
This is an ideal opportunity if you
- Are considering retirement / semi-retirement
- Want a fair price for your client bank
- Would like a structured, simple handover that is sensitive to your clients
Benefits of this acquisition
- Led by a couple of highly successful individuals with over 35 years of combined experience within investment management
- They are not looking to make any changes to existing client mandates or charges unless it is best for the client to do so
- They are wealth funded which provides confidence over their financial standing and future payments
IFA client bank criteria
- You must be a Financial Adviser, with ideally c£30m – £100m of Funds under Management
- A “plain vanilla” business with FCA compliant processes with a good compliance record
- Average client holdings of c£250k or above
Call us now on 0208 0044 154 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; we give 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.