Small IFA with c£1.5m of FuM looking to sell and retire. The adviser is in their early 70’s and has decided it is time to hang up their boots therefore is looking to sell the business. Ongoing adviser charges bring in c£11k with an additional £4k coming from pre RDR. Plus, they do c£40k in new business per annum. Majority of clients are
This is a jointly owned IFA business, and both Directors are looking to sell as they have other non-FS business interests and subsequent incomes. Therefore, they do not need to continue working 5 days a week and are looking to exit the industry. The firm has c£47m of FuM with just over £27m on Prudential and over £10m on Royal London. Th
The two Directors of this financial advisory business are looking to sell so they can retire however are wanting to join a larger organisation as AR’s initially with an agreed deal in place to sell in c3 years’ time. Their reasoning for this is so that they can transition the clients across to the acquiring firm themselves once the clien
Wealth Management firm with £35m FuM generating c£175k recurring income, looking to sell. This client bank consists of c98 clients with strong average holdings of £360k. Majority of clients based within the M25. This IFA has brought forward their plans to sell due to a recent relocation. Preferable exit date of May 2024. As they are a so
Directly authorised business looking to sell and leave Financial Services to devote more time to run a charity. The owner is a sole trader therefore seeking an Asset sale as can still benefit from BADR. The business has c£70m FuM generating £350k of recurring income. Average ongoing charge of 0.5%. They have c362 active households all ba
This IFA firm is based in South East England and is directly authorised. They are looking to sell due to one of the Directors leaving FS to focus more on their family business (which is non-FS) and the other Director doesn’t want the responsibility of running the business as a 1-man band as well as advising. Therefore, is looking to stay
This is a directly authorised business based in South Wales. The owner is looking to sell their client bank due to retirement and is seeking an Asset sale. Happy to stay on in an ambassadorial capacity to help with handovers. The business has c£20m of FuM which is generating £100k recurring income. They have c300 clients (mostly mid 50’s
The owner of this IFA firm is no longer interested in running a business, therefore is looking to sell their firm and continue advising post-sale. They are seeking an Acquirer with an office presence and are open to an employed position with flexible working. The business has between c£30m FuM with a recurring income of c£150k. They have
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 po
The owner of this directly authorised IFA business is in their mid 50s and is looking to improve their work-life balance, therefore is seeking to sell their business and continue advising post-sale until they retire. The firm has a recurring income of c£300k and c£46m FuM with an additional c£16m in group schemes consisting of around 350
