Are you a directly authorised financial advice business with £25m to £50m of FuM looking to create a capital event but stay on post sale?
The Company
Our client is a newly established financial technology firm with their own investment platform. Backed by a Venture Capital firm, they have funding secured to achieve their ambitious growth goals and over the next couple of years they are looking to spend over £10m on expanding their business.
Although they would ideally like the clients to be moved across to their platform, the deal is not contingent on this.
Option – Sell and Stay
This is ideal if:
- You are considering semi-retirement
- You would like to give up running your advisory business, however, not ready to stop advising
- You want to create a capital event with a highly competitive price for your business with ongoing remuneration for continuing to advise
Value
Generally, a multiple of 3x to 4x of ongoing fee income. Can be flexible on the payment structure
Benefits
- Deals are not contingent on moving clients across to their platform although they ideally would like the adviser to move clients where applicable onto their platform.
- Honour existing charging structures during the deferred buyout period
- Share purchase
- Happy to retain staff and office premises
- Generous salary plus benefits
Criteria
- You must be a Financial Adviser, with £25m to £50m of FuM
- Clean compliance record with no / few upheld complaints
Locations
London
Call us now on 0208 0044 162 or click Apply
Liability and Disclaimer
The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate. However, Premier Jobs UK Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.