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.