Cardiff based IFA with a £500,000 war-chest offering high levels of continuity

Up front budget: £500,000

Current turn over circa: £550,000

Cash offer: 4.3x recurring income

Established since: 2000

Additional Notes: Cardiff based IFA with a £500,000 war-chest offering high levels of continuity

This firm is offering up to 4.2x recurring income which is 1.2x more than where the market is in South Wales, illustrating the premium price they are prepared to pay.

This firm will offer continuity in platform and investment philosophy of the retiring IFA owner which limits any change from the clients perspective ensuring high level of client retention.

They have bought 4 firms in the past retaining over 95% of clients in the integration, paying the retiring owners in full.

For more information please call 01765 698 699 and quote the reference number 179296