Reference: 05535 | Region: Midlands , Selling | Price: £600,000 | Funds Under Management: £20,000,000 |
Recurring Income: £150,000 | No of Active Households: 120

This Midlands based IFA is looking to sell their active client bank of 120 households (ages 45 – 65 predominantly)  which has been built over the last 7 years to move abroad to work as an Offshore Financial Adviser.

As an RI and sole trader the vendor is seeking an asset purchase with a multiple of over 4x recurring income.

Their client bank includes 15 DBTs totalling £5m, however these were outsourced to DB specialists therefore you won’t be acquiring any risk.