This directly authorised IFA is seeking retirement in the next 1-2 years through an acquisition and is happy to stay on during the handover period to assist with a successful transition of clients.
The business is producing £110,000 of recurring income with a further £60,000 of new business income.
Their client bank consists of c.100 active households with combined FuM of circa £20m. The majority of clients are aged 50’s & 60’s.
This company has completed 2 DB Pension Transfers however, this is being sold on an Asset sale basis.