Remote Purchaser Paying 4.5x for IFAs

Up front budget: £500,000

Current turn over circa: £3,000,000

Cash offer: 4.5x

Established since: 2024

Locations: Greater London

Additional Notes: This purchasing firm is acquiring based on the cash reserves developed, meaning that they do not require authorisation or assistance from external parties, so they can act on acquisitions with speed and decisiveness.

Due to advice being remote, they can provide high valuations for clients with portfolios as small as £100k, reducing the risk to a selling party of not receiving full value for their client base and increasing the potential purchase price.

They can retain advisers and staff from acquisitions, ensuring continuity from the client's perspective and reducing potential attrition, thus reducing the risk of deferred payment reduction.

They are looking primarily for client bases which are already receiving remote advice, or for whom remote advice would not pose significant difficulty.

For more information please call 01765 698 699 and quote the reference number 181578 ask for Toby Holbrey