Award Winning Independent Wealth Management Firm Paying 4.5x Recurring Income

Up front budget: £200,000

Current turn over circa: £8,000,000,000

Cash offer: 4.5x Recurring Income

Established since: 1998

Locations: East Midlands

Locations: Leicester

Additional Notes: Award Winning Independent Wealth Management Firm Paying 4.5x Recurring Income.

- The firm paid 4.5 Recurring Income for two businesses purchased in 2021 (both asset sales) and flexible with payment structure. The seller's current investment proposition and client portfolio remain exactly the same to ensure all clients transition. All staff in both businesses were offered a position.

- Principles are encouraged to stay on in the Practice post acquisition focusing on solely on managing clients and new business if desired with central functions and the managing of the Practice handled by the parent firm. Principles will be generously compensated for both the managing of existing client and the introduction of the new clients to the firm (more details on request).

- The vast majority of advisors on board are either Charted or Award Winning and all are advocates of a tailored approach to both the executing of advice and the delivery standard. The firm has a deep founded face to face model with advisors cover the distance of the Midlands and South UK where clients are seen up to two times a year. The business has the capability to service a nationally spread client base and offers flexibility to continue the level of client interaction from what is currently being delivered.

A premium offer will be available to Practices of the following profile:
. A good trading history and good local reputation
. Share purchase or Asset purchase option
. AUA Between £20m - £275m

For more information please call 01765 698 699 and quote the reference number 179882