Charted, Multi Office Firm Established for Three Decades looking for a Practice to lead their Kent Division, Offering up to 4.1x Recurring Revenue with 60% upfront for the right firm.

Up front budget: £ 400,000

Current turn over circa: £ 2,000,000

Cash offer: 4.1x Recurring Revenue

Established since: 1977

Locations: Kent

Additional Notes: Charted, Multi Office Firm Established for Three Decades looking for a Practice to lead their Kent Division, Offering up to 4.1x Recurring Revenue with 60% upfront for the right firm.

My client currently services the entire spectrum of clients from £100,000 to £8m portfolio size. As well as catering to all demographics, the business has the capability to provide a face-face service across the whole of the south east as there are three offices stationed with advisers covering the key locations. The businesses thus offers complete flexibility to continue the level of client interaction from what is currently being delivered.

The practice has a team of in-house investment analysts who run the in-house Discretionary investment service which is tailored and used by the higher-net-worth clients in the practice. The bespoke service is completely optional and has provided significant volatility protection over the last 5 years, ranking highest out of its 13 closest rivals. The practice also has a very strong lifestyle planning division which, along with over a dozen professional relationships with solicitors and accounts, brings a large amount of new business though the door each year.

To maintain strong relationships with clients, this partner led firm regularly takes out clients to events ranging from sporting events to theatre performances. Such commitment to securing the very best clients in tandem with achieving virtually a zero drop off rate in recent times ensures very high retention rates for any future acquisition.

A premium offer will be available to practices offering:
. £5-30m FUM (would look at a larger practice)
. Located in the Kent, Hastings, Tunbridge Wells, Hastings and the Surrounding Area

For more information please call 01765 698 699 and quote the reference number 176821