Reference: 22409 | Region: Selling , South West | Price: £2,500,000 | Funds Under Management: £85,000,000 |
Recurring Income: £625,000 | No of Active Households: 220

The Directors of this directly authorised IFA firm are looking towards retirement, in order to reprioritise their focus on their personal lives.

The business has £85,000,000 of FuM generating circa £625,000 of recurring income. Therefore, maintains a healthy average holdings per household of £375,000.

One of the Directors will be seeking a sell and go option, so that they can increase their involvement in charity work, however they would be open to being available on a business development basis. Whilst the other Director, (a Chartered Financial Planner) is seeking a sell and stay, whereby they would like to remain an authorised Financial Advisor on a part-time basis for over 5 years.

The business operates a clients first philosophy with high level of client care. It is important they feel their clients would be comfortable with the new acquirer. In addition, they would be looking for their employees to be part of their sale and join the acquiring firm.