Reference: 24231 | Region: Eastern , Selling | Price: c£81,000 | Funds Under Management: £5,000,000 |
Recurring Income: £23,500 | No of Active Households: 23

The owners of this Independent LLP firm, based in Suffolk is seeking retirement through an acquisition, having worked in Financial Services for over 20 years. They are looking for a multiple of 3.5x – 4x recurring income and are open to either a LLP Share or Asset Purchase.

This company has completed 2 DB Pension Transfers for their 2 biggest clients however, they are happy to consider an Asset Purchase where you wouldn’t be buying the past risk.

Their client bank consists of 23 active households with average holdings of c.£223k. Their clients are mainly located in Eastern & South East England.

The owner has circa 200 clients which are transactional only where they don’t receive any ongoing income for and is approached quite often for new business. Therefore, they would be keen to set up an Introducer agreement with the acquirer for new business derived from this extensive list of transactional clients.