This IFA business has £110m of FuM split across circa 350 households, with average holdings of £300,000. The firm provides advice to both affluent / hnw clients (many high profile clients) and corporate clients and generates over £800k of recurring income. In addition, they have a further £60m of Funds under Influence, plus their working with corporate clients with group pensions generates c£10m of new pension transfers per annum.
The owner of this Midlands based firm is approaching retirement, however, is happy to stay on post sale to help with a smooth transition of the clients. The team of Advisers and support staff would also stay post sale to ensure relationships are retained.
The business has completed DB Pension Transfers by applying stringent research analysis following the gold standard – all advised cases with no insistent client cases and no British Steel, with combined transfer values c£25m. No new transfers undertaken since 2019.