Small DA business in the South East for sale as the owner is in their 60’s and is looking to retire. Their client bank consists of 26 households which make up c£5m of FuM. Due to the small number of clients, this could suit someone looking to acquire a clean business for Change in Control of directly authorised permissions.
The majority of funds sit on Royal London and their ongoing charge is 0.5% across the board therefore there is potential for uplift. Recurring income is £24k.