Are you a Financial Adviser with £200k+ of recurring income and looking to de-risk yourself and sell your clients to a well-established wealth management business for 6x recurring income paid upfront and stay on and service your book?

The Company

Our client company is a leading financial planning led IFA and Discretionary Wealth Management firm. Established in 1990 and subsequently floated on the AIM stock Exchange it is now wholly owned by an American Private Equity Firm. This partnership brings a strong strategic and cultural fit for all stakeholders and with a history of raising £5bn of capital this will enable them to service growing client needs and grow market share through further acquisitions. With its Head Office based in the Midlands, it has 10 additional offices across the UK. Providing wealth management and financial advisory services to over 20,000 clients in the UK. These services are delivered by 220 financial advisers and 450 support staff. They now look after £8bn of FuM and are looking to further expand their team of IFAs across the UK. This company is highly profitable and cash generating as well as having substantial funding available, meaning that they have a robust financial standing for vendors seeking financial protection. They have an excellent track record with over 125 acquisitions under their belt with a first class retention rate of clients, which means your clients will be well looked after!

Option – sell and stay

This is ideal if:

  • You are an advisor looking to de-risk yourself with the ever increasing demands from the FCA and consumer duty
  • You want a market leading price of 5x for your client bank
  • You only want to deal with a financially sound and highly reputable Independent Financial Advisory firm

Value

  • 6x of ongoing fee income
  • You can be paid whenever you finish signing clients up with a backstop date of 12 months.
  • Or you can be paid 50% upfront, 25% at 12 months and 25% at 24 months.
  • You will also be paid on the run rate of your recurring income so if you manage to uplift any clients from say 0.75% to 1%, you will then receive 5x on the new 1% income.

Benefits

  • De-risks you while monetising your client bank
  • Proven track record in both acquisitions and retaining clients
  • Can be paid out in 12 months or sooner. Some Advisors are fully paid out in 6 months
  • Fully independent offering with open architecture so they are happy to keep clients on existing mandates unless it is in their best interests to be moved
  • As an IFA with this company post sale, you will receive complete support with specialist Administrators, Paraplanners, Compliance Managers! As the research, report writing, client investment management reviews are all undertaken for you, you will have more time to spend with clients.

Criteria

  • You must be a Financial Adviser with £200k+ of recurring income

Locations

Nationwide

Call us now on 0208 0044 162 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. However, Premier Jobs UK Ltd gives 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.

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