Reference: 22664 | Region: Selling , South East | Price: £960,000 | Funds Under Management: c£40,000,000 |
Recurring Income: c£260k | No of Active Households: 200

The owner of this IFA firm is looking to sell their business and continue advising post sale. The firm is network authorised and the network stands behind all advice given. This is a clean business with no high-risk areas of advice such as DBTs.

The firm has 1 self-employed Financial Adviser and 2 support staff who are eager to remain post-sale however this is a non-contingent requirement. The firm has a high street office with a 6 year lease remaining.

The business has c£40m FuM with a recurring income of c£260k and a T/O of c£465k. They have 200 active households with an average holding of c£200k and the majority of their client bank is based in the South East.

They are seeking an ideal purchase price of 4x recurring income via share purchase.