Gloucestershire Based Chartered IFA, Established for Over Six Decades With a Demonstrable Track Record of Success in Integrating Practices

Up front budget: £850,000

Current turn over circa: £11,000,000

Cash offer: Up to 3.8x Recurring Revenue

Established since: 1955

Locations: Gloucestershire

Additional Notes:
Gloucestershire Based Chartered IFA, Established for Over Six Decades With a Demonstrable Track Record of Success in Integrating Practices

Principles are encouraged to stay on in the Practice post a merger/acquisition focusing 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 clients and the introduction of the new clients to the firm (more details on request).

To maintain strong relationships with clients, this partner led firm regularly takes out clients to events ranging from Global Investment Seminars to Client Dinners. Such commitment to securing the very best clients in tandem with achieving virtually a zero drop off rate in recent times will ensure very high retention rates for any future acquisition.

The firm takes a soft approach to changing client investment proposition with a client by client method of evaluating any change. Advisers have large discretion over the way their own clients' money is managed and several advisers sit on the investment committee.

A Premium offer will be available to practices offering;

. Between £15-80m FUM
. Charging an ongoing fee of 0.3-0.75% Ongoing Advisory Charge
. Average client size of £150,000 or more

For more information please call 01765 698 699 and quote the reference number 176917