Reference: 20675 | Region: Midlands , Selling | Price: £100,000 | Funds Under Management: £7,000,000 |
Recurring Income: £34,000 | No of Active Households: 25

This directly authorised IFA business is looking to sell due to personal ill health, therefore seeking an asset purchase to assist with a quick process

In addition, to the £8,800,000 FUM, there is another £3,500,000 of Funds under Influence. Based on their 25 active households, their client bank has an average investment holding of £400,000. Majority of the clients are located within the Midlands, with one slightly further afield

Our vendor is hoping to achieve a valuation of 3 times recurring income.