Many forward thinking IFA businesses are keen to grow, but don’t have the capital, tools or resources to acquire other IFA businesses and recruit new advisers. The pension and investment market is buoyant and when you consider that there is around £1 trillion of capital held with UK consumers aged between 50 and 70, which is tradit
Will my clients move to a new IFA firm and sign their new client fee agreement when I retire / sell my business? Clients that have trusted your advice will generally trust your recommendation of why you have chosen the firm that is taking over your client bank. Clients tend to look out for: The new Adviser is qualified and passionate abo
Many IFA’s are nearing retirement and are facing the dilemma of when they choose to sell their business. The high FTSE index is likely to have grown your Funds under Management to record highs and this is going to have improved the valuation of your business through the measurement of recurring income streams or EBITDA. Have you obtained
AFH buys pair of West Midlands IFAs for up to £1.4m FUM boosted by £50m 01 August 2017 AFH has completed the acquisition of the assets of Arden Financial Consultants and the share capital of Martin Cooper Wealth Management, both based in the West Midlands, for a combined maximum price of £1.4m The deals see Kevin Hobbs, Steve Down and Jo
OMW adds £205m adviser to national firm 01 September 2017 Old Mutual Wealth’s (OMW) national advice firm OMW Private Client Advisers has acquired Cumbria-based financial planning firm Dodd Murray, adding £205m of assets to its books. The deal will see three of Dodd Murray’s advisers join the business, as well as additional su
Fairstone adds two more advice firms to group More than £100m AUM added 03 July 2017 Fairstone has added two more advice firms to the group, bringing a total of 17 new advisers and support staff to the wider business. The group has added Lancashire’s Octagon Wealth Management and South Wa
