Are you a Financial Adviser with £100k+ of recurring income and looking to sell your client bank to a long established wealth management firm with over 125 acquisitions under their belt for a market leading 6x recurring income?
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 transition and go
This is ideal if:
- You are a financial advisor looking to retire and help transition your clients across to the new acquirer
- You want a market leading price of 6x for your client bank
- You only want to deal with a financially sound and highly reputable Independent Financial Advisory firm
- Looking to be fully paid out in 12 months
Value
- 6x of ongoing fee income
- You will 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% a6 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 6x on the new 1% income.
Benefits
- Proven track record in both acquisitions and retaining clients
- 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
- 6x is market leading
- 12 month (or sooner) pay out is market leading
- Peace of mind knowing your clients will be well looked after
Criteria
- You must be a Financial Adviser with £100k+ of recurring income
- You must have a clean business with no real high risk areas of advice
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.