Birmingham Based Independent and Bespoke Wealth Management Firm looking to Take on Board Both Principles and Staff Members (the Firm has a Successful Track Record of Acquisitions)

Up front budget: £1,500,000

Current turn over circa: £5,000,000

Cash offer: Up to 4.1-4.2x Recurring Revenue

Established since: 1991

Locations: Birmingham

Additional Notes:
Birmingham Based Independent and Bespoke Wealth Management Firm looking to Take on Board Both Principles and Staff Members (the Firm has a Successful Track Record of Acquisitions)

Al advisers on board are a minimum of Chartered and all are advocates of a tailored approach to both the execution of advice and the delivery standard. The Practice has a deep founded face to face model with Advisers regularly taking out clients to the Rugby, Hose Racing, Theater and various seminars.

Principe's can either partake in a handover of clients My client is encouraging any retiring principles to remain in the business for 2-4 years to ensure the maximisation of value as well as complete succession planning on a large proportion of new business. Principles will be compensated on a generous package during this time for both managing the clients and bringing in new business (more details on request).

The practice is offering a minimal change proposition (importantly including charging structure and platform) other than development of the business model or the staff for any business taken on board. The continuity within the acquisition strategy alongside the strong cash flow generation means any installment payments the years post acquisition have almost zero risk attached.

A Premium offer will be available to practises offering;

. Between £30m - £200m in Funds Under Management
. An average client portfolio size of £300,000 plus (not essential)
. Principles who wish to either handover clients and leave or remain in the business for a 2-6 year period

For more information please call 01765 698 699 and quote the reference number 178280