Are you a Financial Adviser with £10m – £60m FuM looking to sell your client bank to an established wealth management firm with a tried and tested acquisition model?

The Company

Our client company is a well-established Financial Advisory firm with offices based in Chester. They have grown their FuM to c£165m through previous acquisitions, therefore they have developed a proven acquisition model to maximise client retention.

With funding in place, they have plans to grow significantly (circa new £100m FuM per annum) over the coming months and will have support from their team of 7 advisers and formidable support staff. The firm is ideally looking for client banks with between £10m to £60m of FuM.

Option – Sell and Go

This is ideal if:

  • You are considering retirement
  • You want a fair and highly competitive price for your client bank
  • You would like a structured, simple handover that is sensitive to your clients
  • You only want to deal with a financially sound and highly reputable Financial Advisory firm
  • You would like a firm who offers open architecture to be able to leave clients on existing investment mandates without making any immediate changes unless in the clients best interests
  • You want your clients to be looked after by local IFAs

Value

Generally a multiple of 3.5x to 4x of ongoing fee income.

Typical deal structure of 60% upfront on completion, 20% at 12 months and 20% at 24 months

Benefits

  • Open architecture to leave clients on existing mandates whilst new relationships are built with advisers
  • Deals are non-contingent to moving clients to their centralised investment proposition and would only move if in the client’s best interest
  • Honour existing charging structures during the deferred buyout period
  • 7 figure funding in place to support acquisitions
  • Tried and tested acquisition model which will enable smooth transition of clients to maximise retention
  • Offers cashflow modelling to clients for enhanced advice proposition
  • Happy with both share and asset purchases

Criteria

  • You must be a Financial Adviser with c£10m – £60m of FuM
  • Clean compliance record with no / few upheld complaints
  • Would consider Share or Asset Purchases
  • Open to firms that have done a small amount of DB’s subject to sufficient due diligence

Locations

North West

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.