Multi Award Winning, Holistic Advisory Practice Offering up to an Extremely attractive 4x Recurring Revenue in conjunction with a more Unique Structure (see below for more details).

Up front budget: £ 1,000,000

Current turn over circa: £ 5,000,000

Cash offer: 4x Recurring Revenue

Established since: 1965

Locations: Kent

Additional Notes:
Multi Award Winning, Holistic Advisory Practice Offering up to an Extremely attractive 4x Recurring Revenue in conjunction with a more Unique Structure (see below for more details).

The Practice is offering two distinct opportunities:

1. An attractive share sale structure to be paid over 12-24 months

2. A unique opportunity to become trading style of the Practice, where all Regulatory and Compliance work is lifted from the business for a small fee of revenue. A multiple is then agreed to purchase the business at some point in the future with discretion falling on the selling party. The Partner(s) continue working and keep the majority of both recurring and new business up until the point where the purchase agreement is executed. Full support during this time is provided with the option for; Full advisory cover to enable extended leave, full paraplanning/compliance support alongside office space if needed. This option suits advisers who are not quite ready to retire or wish to engage in a lengthier transition period but would benefit from a de-risking of the businesses and to maintain the income stream until ready to sell. (more details on request)

This practice has had fantastic success with over 5 previous acquisitions in the last 2 years experiencing, on average, 95% retention in conjunction with zero losses of clients from the large pool currently served. Retention in the most recent acquisition was over 99% and instalments were paid off early within a 12 month period. This experienced regional acquirer has demonstrable success with countless previous acquisitions and is the ideal, trusted home for someone looking to depart with their life's work.

The vast majority of advisers on board are either Charted or Award Winning 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 covering the entire span of the UK where clients are seen up to three times a year. The business has the capability to service a nationally spread client base and offers flexibility to continue the level of client interaction from what is currently being delivered.

Receiving numerous awards in the past few years for yielding some of the highest client satisfaction in the South East and nationally, the business is optimally positioned to accommodate new clients who gain access to the multitude of services and products on offer. Such service is largely achieved by a 2:1 ratio of technical support/administration staff to advisers, enabling a pure advisory focused model and a focus on client contact and support.

A premium offer will be available to Practices offering:

. Located in the Sevenoaks, Tonbridge, Maidstone, Rochester, Canterbury and the Surrounding Area.
. No minimum average portfolio size
. Up to 100m Funds under Management

For more information please call 01765 698 699 and quote the reference number 177003