Up front budget: £500,000
Current turn over circa: £5,000,000
Cash offer: Up to 4.2x Recurring
Established since: 2004
Locations: London
Additional Notes:
Elite Wealth Management Firm, Managing Over £1bn of Assets With Over 40 Advisers Covering London and the entire South East
Advisers are supported through a minimum 1:1 ratio of highly qualified Paraplanners and Investment analysts, enabling a pure advisory focused model. Employing some of the most highly qualified and successful advisers in the region, this business is one of the best positioned to accommodate new clients and ensure near 100% retention post acquisition. The business can has the adviser breath to service clients face to face across the entire South East and other selected parts of the UK meaning no client will be left behind.
The practice uses a four point bespoke process plan building process (including detailed cash flow modelling) for every single clients of the company. All new clients will go through this process upon joining and will continue to benefit from this system after joining as a client.
The firm is looking to purchase the assets and goodwill from a limited company but will compensate for the difference in tax relative to share purchase leaving the principal no worse off from a tax perspective.
A premium offer will be available to Practices;
- Located anywhere in the South East
- Limited high risk products undertaken
For more information please call 01765 698 699 and quote the reference number 178068 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £1,000,000
Cash offer: Up to 3.8x Recurring
Established since: 2011
Locations: Bromley ask for Edward Thorpe
Additional Notes:
Bromley Based Family Practice Backed With Capital From a Larger Entity (all secured) and Looking to take on Retiring Principle on Board in 2020
This Practice currently services the entire spectrum of clients (ranging from £50,000 to £3m in portfolios) and has the infrastructure to provide face-face service across the whole of the south east with advisers stationed across the home counties with advisers covering the key locations. Clients taken on through an acquisition would be cared for personally by a highly experienced and qualified partner of the firm in the Kent office to ensure the best possible level of advice is provided. The quality of advisory services and complete flexibility to continue the current level of client interaction and servicing proposition will ensure near 100% retention on any business brought on board.
A premium offer will be available to Practices;
Up front budget: £700,000
Current turn over circa: £1,600,000
Cash offer: 3.6x Recurring Revenue
Established since: 2006
Locations: Enfield ask for Edward Thorpe
Additional Notes:
Unusual Opportunity to Capitalise on your IFA Practice (40-50% Upfront) While Remaining in the Business On a Very Generous Salary and Percentage of New Business
Advisers are supported through a 2:1 ratio of highly qualified para planners and support staff, enabling a pure advisory focused model. Employing 12 of the most highly qualified and successful advisers in the region, this business is one of the best positioned to accommodate new clients and ensure near 100% retention post acquisition.
A premium offer will be available to Practices that;
Up front budget: £5,000,000
Current turn over circa: £7,000,000
Cash offer: Up to 7x EBIDTA
Established since: 1987
Locations: Cambridgeshire ask for Edward Thorpe
Additional Notes:
Elite Cambridge Based Wealth Management Firm Looking to Partner With a Local Practice with the Same Ethos and Specialism in High-net-Worth Clients
- The Practice manages in excess of £500m of Client Funds and has built the business through bringing on not only the right clients but the right people (including partners) through acquisition
- Principles joining have the opportunity to take partial remuneration through equity in the company to allow them to benefit directly in future growth of the business
A premium offer will be available to Practices;
Up front budget: £350,001
Current turn over circa: £500,000
Cash offer: Up to 3.75x Recurring
Established since: 1996
Locations: Ilford ask for Edward Thorpe
Additional Notes:
Local, Ilford Family Practice With all Advisers Either Fellow or Chartered Looking to Take on Board a Retiring Principle in late 2020
The firm is looking to take on board a Retiring Principle in a lengthy handover (1-3 years) while keeping clients in all the current portfolios
A premium offer will be available to Practices;
Up front budget: £2,000,000
Current turn over circa: £1,000,000
Cash offer: Up to 6.5x EBIDTA
Established since: 2009
Locations: Essex ask for Edward Thorpe
Additional Notes:
Unique Opportunity to De-risk from the Business While Continuing to Grow the Practice and Maintaining the Infrastructure, the Staff and even the Brand
- My client has the capital ready to make an equity investment into an Essex based firm with the intention run as is with the principles remaining in situe for a period of 2-5 years on a % of business written.
- The intention is to allow the principles to de-risk while continuing to grow the business and share in the uplift of the growth.
A premium offer will be available to Practices;
Up front budget: £2,000,000
Current turn over circa: £4,500,000
Cash offer: Up To 4.2x Recurring
Established since: 1983
Locations: Portsmouth
Additional Notes:
South Coast Based Family Practice, With Principles in the Last Few Acquisitions Receiving in Excess of 4x Recurring Income and a Loss of Only One Client out of Over 300
This buyer has had fantastic success with over 10 previous acquisitions experiencing, on average, 98% retention as a result of a smooth and gradual handover from the Retiring Principle(s), maintaining the office in the interim and most clients experiencing a reduction in overall fees. Retention in the most recent acquisition was over 99% and the principles received a considerable amount over the amount outline at the start of the process (more details on request). 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.
A premium offer will be available to Practices;
- Located in the Brighton, Eastbourne, Lewes, Chichester, Felpham, Littlehampton, Winchester, Southampton, Petersfield, Midhurst and the Surrounding Area
- Firms with an Ongoing Charge of less than 0.7% (not essential)
- Average client size of over £150,000
For more information please call 01765 698 699 and quote the reference number 176232 ask for Edward Thorpe
Up front budget: £800,000
Current turn over circa: £4,000,000
Cash offer: Up to 4x Recurring Income
Established since: 1979
Locations: Redhill
Additional Notes:
Multi-Award Winning Redhill Based IFA Practice, Established over 4 Decades Ago With a Large Catalogue of Successes in Taking On-board Retiring Principles.
- Bespoke allocation of clients based on client demographic, location and age to one of the 13 advisers at the firm to secure the best fit for clients
- The highly qualified advisers have the reach and capacity to cover clients located across the entire South East
- The firm is extremely client centred with a total expense ratio between 1.1-1.3% which has lead to a some of the best success in local acquisitions.
- Demonstrable success with over 6 previous acquisitions, with the largest acquisition c.£80m Funds Under Management during which only 2 clients were lost.
- Salaried Handover of 1-2 years
A Premium Offer Will be Available to the Following Practices:
- Located in the Kent, Surrey, Redhill, Maidstone, Canterbury and the Surrounding Area
- Practices between £5m-£100m Funds Under Management
Ongoing fee 0.6-0.7% and below preferred but not essential
For more information please call 01765 698 699 and quote the reference number 178111 ask for Edward Thorpe
Up front budget: £1,000,000
Current turn over circa: £3,000,000
Cash offer: Up to 4x Recurring Revenue
Established since: 1987
Locations: Dorset
Additional Notes:
Chartered, Multi-Award Winning Financial Planning Firm Established Several Decades Ago, Supporting a 3:1 Middle office to Advisory Support Ratio and an Array of Unique Client Offerings
To maintain strong relationships with clients, this partner led firm regularly takes out clients to events ranging from air shows to boating events. 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.
For more information please call 01765 698 699 and quote the reference number 178050 ask for Edward Thorpe
Up front budget: £5,000,000
Current turn over circa: £4,000,000
Cash offer: Up To 3.7x Recurring
Established since: 1987
Locations: Dorset ask for Edward Thorpe
Additional Notes:
Demonstrable Success in Many Previous Purchases, Unique Structure for Guaranteeing Payments to Retiring Principles and a 1:1 Ratio of Highly Qualified Paraplanners and Support Staff
The firm have acquired over 7 Local Practices before and seen an average client retention rate of over 97%. Testimonials and the ability to speak to each of the principles who have left their business with this firm to give you an idea of exactly the levels of retention, client experience and overall success of the previous purchases.
Advisers are supported through a 1:1 ratio of highly qualified para planners and support staff, enabling a pure advisory focused model. Employing some of the most highly qualified and successful advisers in the region, this business is one of the best positioned to accommodate new clients and ensure near 100% retention post acquisition. Most new clients will cared for personally by a highly experienced and qualified partner of the firm.
A Premium Offer Will be Available to the Following Practices:
Up front budget: £400,000
Current turn over circa: £3,000,000
Cash offer: Up to 3.8x Recurring
Established since: 2003
Locations: Hertfordshire ask for Edward Thorpe
Additional Notes:
Experienced and Successful Local Independent Wealth Manager with a Unique Approach to Acquisitions (See below for Details)
This buyer has had fantastic success with over 4 previous acquisitions experiencing, on average, 98% retention in conjunction with zero losses of clients from the large pool currently served. In addition, there has been very little material change to either the investment proposition or service to clients. The firm can continue running portfolios in an advisory or discretionary basis in an active, passive or bespoke fashion. The continuity within the acquisition strategy alongside the strong cash flow generation means any instalment payments the years post acquisition have almost zero risk attached.
Advisers are supported through a 1:1 ratio of highly qualified para planners and support staff, enabling a pure advisory focused model. Employing some of the most highly qualified and successful advisers in the region, this business is one of the best positioned to accommodate new clients and ensure near 100% retention post acquisition. Most new clients will cared for personally by a highly experienced and qualified partner of the firm.
A Premium Offer Will be Available to the Following Practices:
Up front budget: £400,000
Current turn over circa: £500,000
Cash offer: Over 4x Recurring (See below)
Established since: 1998
Locations: Greater London ask for Edward Thorpe
Additional Notes:
Regional Family Practice With a Demonstrable Track Record of Success in Multiple Acquisitions and the Principle happy to Pay Over 4x Recurring Revenue for the Right Practice (See below for details)
This Practice currently services the entire spectrum of clients (ranging from £50,000 to over £2m in portfolios) and has the infrastructure to provide face-face service across the whole of the south east. Clients taken on through an acquisition would be cared for personally by a highly experienced and qualified partner of the firm.
The Practice has taken in two firms previously, on both occasions only loosing one client in each. As a result of the high retention figures, the Principles received 100% of the differed element that was originally promised. With regards to a transition period, the Practice has accommodated periods running anywhere from 1-4 years and can be very flexible based upon both your preference and circumstance. The Practice has both the Cash and bank financing secured to repeat the success of the previous acquisitions in the first or second half of 2020.
Offers over 4x Recurring Revenue Will be Available to firms featuring the following:
Up front budget: £1,000,000
Current turn over circa: £1,200,000,000
Cash offer: Up to 3.8x Recurring Income
Established since: 1976
Locations: Suffolk
Additional Notes:
Unique Suffolk Based Purchaser Offering full Continuation of Investment Proposition, Either a Full or Partial Equity buyout and Houses Seven Financial Advisers with Capacity to Service all on-boarded Clients Face to Face.
. Located in Ipswich, Bury St Edmunds, Thetford, Halesworth and Surrounding Area
. Practices from £20m-100m Funds under Management
. Practices with under 0.75% Ongoing Advisory Charge preferred (not essential)
For more information please call 01765 698 699 and quote the reference number 177462 ask for Edward Thorpe
Up front budget: £10,000,000
Current turn over circa: £20,000,000
Cash offer: Up to 8x EBITDA paid over 36 months
Established since:
Locations: Greater London
Additional Notes: AIM-listed integrated wealth management group, with a growing network of offices across the UK and internationally. Clients range from private individuals to some of the UK’s largest universities.
Having successfully bought over £500m FUM via a single acquisition of an independent, multi office financial planning firm.
The Group will have more than 5,500 active clients and c. £3 billion of Assets under Management and Advice.
With over £50million dedicated to acquisition, this firm is looking for to speak to businesses of significant size to give it strategic footholds around the UK.
Keen to have the owners motivated and keen to progress forwards with the business.
The Group’s vision is to become a leading global provider of trusted wealth planning and investment management solutions to clients, underpinned by investment in people and innovation in technology to support our advisers and clients. Critical to delivery of its vision and underlying strategy are the creation of a technology backbone, a rigorous risk management and compliance environment and the provision of attractive investment products to clients. The core proposition centres on primary offerings in wealth planning and investment management to deliver best in class financial solutions for clients.
Wealth Planning
This platform provides holistic and trusted financial advice to personal clients focusing on current and future needs, delivered on a stand-alone or integrated basis. The service is targeted at the mass affluent market, defined as clients with circa £500k to invest. Corporate employee solutions are also provided to organisations to assist management and staff make the most of their benefits.
Investment Management
This offering includes comprehensive, trusted service to institutions and direct private clients. Significant assets are managed on behalf of universities, charities and foundations. Investment advice to private clients is offered on a discrete portfolio basis, or as part of a centralized investment proposition. Investment solutions are supported by in-house strategy and research professionals providing valuable market insight and intelligence. Increasingly the platform is working with wealth planners – internally and externally – to offer a comprehensive, integrated wealth management solution. 25 investment professionals operate in a collaborative manner with operational and administrative support provided through a partnership with a leading financial services provider, who deliver a seamlessly integrated range of support services and high-quality customer liaison.
For more information please call 01765 698 699 and quote the reference number 177589 ask for Edward Thorpe
Up front budget: £2,000,000
Current turn over circa: £2,000,000
Cash offer: Up to 3.7x Recurring
Established since: 2001
Locations: Greater London
Additional Notes:
Experienced East London Based Independent Financial Planning Firm, Ideally looking to Keep principles on to Grow the Business
The business has recently acquired a practice with exceptionally high retention of 98% while the principle remained working in a reduced format, benefiting from new clients taken on board. The business is looking to repeat the success of the previous acquisition had has capacity within the current staff based to take on another practice in the next few months.
The proposition on offer is an expansion rather than an integration with the view of running an advisory business in a very similar manor post acquisition with the aim of continual expansion. An acquisition will keep the premise, staff and brand with minimal change to the investment strategy. My client is encouraging any retiring principles to remain in the business for 4-5 years to ensure the maximisation of value as well as complete succession planning (more details on request).
A premium offer will be available to Practices offering:
. Located in the Romford, Dartford, Southend - on sea, Woolwich, Stratford and the Surrounding Area
. Practices from £10m-200m Funds under Management
. Principles who wish to remain and grow the business are preferred but not essential
For more information please call 01765 698 699 and quote the reference number 177794 ask for Edward Thorpe
Up front budget: £2,000,000
Current turn over circa: £5,000,000
Cash offer: Up to 3.8x Recurring Revenue
Established since: 1992
Locations: Greater London
Additional Notes:
Experienced North London Multi-Award Winning Financial Planning Firm Established Several Decades Ago, Supporting a 3:1 Middle office to Advisory Support Ratio with Over £4 million to Spend on the Right Firm
The Advisers are supported by an exceptional 3:1 ratio of highly qualified Paraplanners/Analysts to each Adviser, enabling a pure advisory focused model. The business is excellently positioned to accommodate multiple new members of advisory and back office staff and will provide training and qualifications to any members of the team who are working towards the Diploma/chartered as it has done previously for numerous staff numbers.
On integration of the last Acquisition , of which the firm has done five in total, all key staff members were retained while client fees remained unchanged for the integration period. This "business as usual" approach led to all the clients bar two sticking with the business and the Retiring principle received 100% of their differed payment. The Practice is looking to repeat the success of the previous acquisitions over the course of the next 6 months.
The Practice has a Private Client division specialising in clients of a portfolio size of £1m and over. Any Higher Net Worth clients taken on board will benefit from this bespoke service alongside dedicated advisers with specialisms in advanced products and tax structures.
A premium offer will be available to Practices offering:
. Located in the and the Watford, Harrow, Uxbridge, Southall, Shepard's Bush, Kings Langley, Northolt, Stratford, Finchley, Romford, and the Surrounding area
. Practices from £30m-200m Funds under Management
. Business with an average client size of £200,000 and above are preferred but not essential.
For more information please call 01765 698 699 and quote the reference number 177709 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £2,000,000
Cash offer: Up to 3.7x Recurring Revenue
Established since: 1988
Locations: Essex
Additional Notes:
Exceptional High Net Worth Specialist Advisory Firm, Which is both Chartered and Accredited and Offering a Very Unique Structure to Principles Who Wish to Capitalise and Stay on.
The vast majority of advisers on board are either Chartered or Accredited and all are advocates of a tailored approach to the execution of advice, with the proposition particularly geared to the High Net Worth Sector. 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.
The Practice is extremely flexible to accommodate Principles who wish to remain in the Business and phase out over time. A generous % of all business written is retained by the principle who also has the option to partially sell client bank and manage a core of key clients for a period of time. This approach to acquisitions typically sees the best possible retention of clients as change occurs very gradually over time.
A premium offer will be available to Practices offering:
• Ideally housing clients above a £500,000 average portfolio size (not essential)
• Practises from £10m - £80m FUM
• Located in Hertfordshire, Essex and the Northern Home Counties
For more information please call 01765 698 699 and quote the reference number 177380 ask for Edward Thorpe
Up front budget: £3,000,000
Current turn over circa: £2,000,000
Cash offer: Up to 3.7x Recurring Revenue
Established since: 1991
Locations: Colchester
Additional Notes:
Chartered, Multi-Award Winning Financial Planning Firm Established Several Decades Ago, Supporting a 3:1 Middle office to Advisory Support Ratio with Over £5 million to Spend on the Right Firm
The Advisers are supported by an exceptional 3:1 ratio of highly qualified Paraplanners/Analysts to each Adviser, enabling a pure advisory focused model. The business is excellently positioned to accommodate multiple new members of advisory and back office staff and will provide training and qualifications to any members of the team who are working towards the Diploma/chartered as it has done previously for numerous staff numbers.
A premium offer will be available to practices offering:
. Located in Ipswich, Cambridge, Colchester, Bury St Edmunds and the Surrounding Area
. Practices from £20m-250m Funds under Management
. Practices with under 0.7% Ongoing Advisory Charge preferred (not essential)
For more information please call 01765 698 699 and quote the reference number 176562 ask for Edward Thorpe
Up front budget: £1,000,000
Current turn over circa: £4,000,000
Cash offer: Up to 6x EBITDA
Established since: 1965
Locations: Essex
Additional Notes:
Multi-Award Winning, Experienced Financial Planning Firm Established over Five Decades, Supporting a 5:1 Middle office to Advisory Support Ratio with Over £2 million to Spend on the Right Firm
The firm is encouraging principles to remain in the business as it has done with numerous previous acquisition. Previously principles have either retired or stayed on in key positions looking forward; one Principle is now on the board and acts as a second set of eyes for his own clients and steers the direction of the business as a whole. As a result of the minimal disruption approach, this practice has had fantastic success with over 5 previous acquisitions experiencing, on average, 97% retention on the most recent four. 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 majority of staff in the Practice have been trained internally from the ground up by the Managing Director which has yielded a consistently excellent service across the board. The ethics with the staff are directly translated to the level and quality of client service available. As the previous tenure demonstrates, the same advisers will most likely remain in the business for decades to follow providing longer term continuity to all clients that come on board. This unity and stability within the team and the strong cash position of the business means any instalment payments in the two years post acquisition have zero risk attached from a security standpoint.
For more information please call 01765 698 699 and quote the reference number 177653 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £400,000
Cash offer: Up to 3.8x Recurring Revenue
Established since: 1996
Locations: Greater London
Additional Notes:
Chartered, Multi-Office IFA Practice with 1:1 Admin Support Looking to keep both the Principles (if desired) and an Office in Place Paying over 3.8x Recurring Revenue for the Right Firm
This practice boasts one of the most complete IFA services in the South East with three levels of client service; ranging from Bronze to Gold. The Gold service clients involves client face to face reviews once a quarter in combination to one phone call a month from their designated adviser. This service level is testament to the absolute commitment and client service available at this practice.
On any acquisition, the Practice will keep any investment proposition and platform the same to ensure minimal disruption to client service. The principle is also keen to take on any key staff members in the existing business. This approach to maintaining the staff base and client offering will ensure near 100% retention in the next acquisition and subsequently pay 100% of any deferred element.
Due to the family like nature of the firm, the same advisers will most likely remain in the business for decades to follow providing longer term continuity to all clients that come on board. This unity and stability within the team and the strong cash position of the business means any instalment payments in the two years post acquisition have zero risk attached from a security standpoint.
A premium offer will be available to Practices offering:
. Located in the and the Brixton, Wandsworth, Croydon, Bromley, Warlingham, Sutton, Greenwich, Wimbledon, South London and Surrounding Area
. Practices from £10m-30m Funds under Management
. The firm is able to accommodate Principles who wish to remain in the business as well as existing advisers
For more information please call 01765 698 699 and quote the reference number 177495 ask for Edward Thorpe
Retiring IFA
Unit 6
Highfield Business Park
Ripon
North Yorkshire
HG4 2RN
01765 698 699
