Bournemouth based firm managing over £!60m FUM with experience of multiple business integrations, holding £500,000 cash, offering exceptional client service and a principal transitional period.

Up front budget: £500,000

Current turn over circa: £2,300,000

Cash offer: Up to 4.2x recurring revenue

Established since: 2010

Locations: Hampshire

Additional Notes: A highly successful IFA that has over £160m FUM looking for their 5th acquisition. This experienced regional acquirer can demonstrate success with these past acquisitions, keeping on average over 95% of client retention, portraying that they are the ideal trusted home for someone looking to hand over their life’s work.

For the right business, my clients will offer up to 4.2x recurring revenue with 50% upfront and 2 deferred payments in a period of 24 months.

My client offers 3 levels of service, ranging from advisory with one annual review, up to full wealth management service incorporating quarterly portfolio rebalances and multiple face to face meeting. Thus, ensuring that any client will benefit from excellent, personalised service, to the extent the client wants, that is currently provided by local advisors and the directors themselves.

A premium price will be available for firms offering:
- £20-100m FUM
- Locations of Bournemouth, Southampton, Wiltshire
- The principal being involved with the handover.

For more information please call 01765 698 699 and quote the reference number 178462