IFA Buyers South West

Up front budget: £190,000,000

Current turn over circa: £50,000,000

Cash offer: 6x EBITDA or 4x Recurring Revenue

Established since: 2000

Additional Notes: Completely Independent National Firm with £190m of secured finance looking to integrate high quality IFA's offering incredibly generous packages including high levels of continuity

This firm has successfully completed on over 50 acquisitions achieving over 90% of client retention and ensuring to pay in full to the principal.

They offer principals to be retained on a self-employed basis whilst capitalising on the full value of the business, including the staffing and structure of the business.

A premium price will be offered to the following businesses:

- Those who have an average client portfolio size of over £250,000
- Nationwide
- Comprehensive back office system and investment proposition

For more information please call 01765 698 699 and quote the reference number 178866

Up front budget: £500,000

Current turn over circa: £2,000,000

Cash offer: 4x recurring revenue

Established since: 2015

Additional Notes: Local IFA offering to retain staff and principal housing over £200m of clients assets seeking their second successful business integration.

This firm is offering up to 4x recurring revenue with 50% of total consideration being paid upfront and two deferred instalments over the course of 24 months.

This firm has successfully integrated another practice boasting 100% client retention.

For more information please call 01765 698 699 and quote the reference number 178835

Up front budget: £500,000

Current turn over circa: £350,000

Cash offer: 4x recurring revenue

Established since:

Additional Notes: Growing regional IFA managing over £50m FUM looking for their next successful business integration ensuring high levels of continuity with a war-chest of £750,000.

This client is offering a premium price of 4x recurring revenue with 50% of the total consideration being paid upfront and 2 deferred elements of 25% over 2 years.

They have been incredibly successful in integrating another practice through offering continuity in the investment proposition and client servicing.

A premium price will be paid for practices offering:
. Locations of Bristol, Bath, Taunton and Swindon
. £10-35m FUM
. Principals available to stay on for a handover period and client average portfolio size being over £100,000

For more information please call 01765 698 699 and quote the reference number 178778

Up front budget: £400,000

Current turn over circa: £3,000,000

Cash offer: Up to 3.8x recurring revenue

Established since: 2003

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: £10,000,000

Current turn over circa: £2,000,000

Cash offer: 60/20/10/10

Established since: 2015

Locations: Bristol

Additional Notes: Private Equity backed national IFA located in the Bath/Bristol region seeking to integrate another practice whilst ensuring high levels of continuity offering up to 7.5x EBITDA.

This firm is offering incredible levels of continuity, ensuring that they will not shoehorn any clients into their investment proposition. They operate as local offices all individualistic in their own right.

The firm is solely independent, willing to retain the principal, offering autonomy in terms of how they run the business and staying away from a target driven model. They also offer a share % of the topco. involved in the acquisition.

For more information please call 01765 698 699 and quote the reference number 178561

Up front budget: £250,000

Current turn over circa: £650,000

Cash offer: 4x reucrring recurring

Established since: 2012

Locations: Devon

Additional Notes: Local IFA housing £65m FUM looking to integrate another practice, offering up to 4x recurring revenue. Firm has been developed with the client in mind including a 1:1 advisor to support staff.

This firm is offering 4x recurring revenue for the right practice with 50% of the total consideration being paid upfront with 2 deferred elements over 24 months.

This firm has developed the foundations with technology at the forefront all for the purpose of providing the most efficient and effective service to the client. They employ 1 back office staff per advisor so the advisor can concentrate on providing the personal, face to face service

For more information please call 01765 698 699 and quote the reference number 178655

Up front budget: £500,000

Current turn over circa: £1,200,000

Cash offer: 4x 60/20/20

Established since:

Locations: West Midlands

Additional Notes: My client is offering up to 4x recurring revenue with 60% of the total consideration being paid upfront, 80% to be paid within 12 months and 100% after 2 years.

A truly client centric firm employing more than 5 advisers that have 11 back office staff at their disposal. This provides the time and ability for the adviser to service the clients fully. This firm values the input from the principal to determine which adviser is best suited for each individual client.

The firm has completed on 5 successful business integrations achieving 100% client retention on the most recent one, whilst having 98% on average across the 5. Thus portraying that they are a very safe pair of hands to leave your life's work with

For more information please call 01765 698 699 and quote the reference number 178622

Up front budget: £200,000

Current turn over circa: £1,500,000

Cash offer: 3.8x recurring revenue, 50-25-25

Established since: 2018

Locations: Bristol

Additional Notes: Regional IFA managing £200m of clients assets seeking their sixth successful business integration.

This company is offering up to 3.8x recurring revenue with 50% upfront and 75% of the total consideration within 12 months.

This firm has boasted 100% client retention across all of their acquisitions resulting in each principal being paid in full. They have additionally retained 3 of the principals who are still existing advisers within the firm.

For more information please call 01765 698 699 and quote the reference number 178608

Up front budget: £300,000

Current turn over circa: £1,000,000

Cash offer: Up To 3.75x Recurring Income - Share Sale

Established since: 1995

Locations: Cardiff

Additional Notes:
Newport and Cardiff Based Purchaser Who have Successfully Integrated 4 Practices to Date and Take a Minimal Disturbance Approach to Integrating Business

- Client retention rate has been c.98% average on the last three IFA Practices that have been integrated with the business
- One of the factors that have led to such a higher retention is my clients approach to on-boarding new clients; there is no change to the portfolio construction, platforms or ongoing advisory charge even for the longer term.
- Handovers have varied from 1 week to 3 years, my client is very flexible on how the principal(s) is looking to work in a potential merger


A Premium offer will be available to Practices of the following profile:

. Located in the Newport, Cardiff, Swansea, Cheltenham, Gloucester, Hereford, Oxford and the Surrounding Area
. Practices between £5m-£40m Funds Under Management
. Average client size above £150,000 (preferred but not essential)

For more information please call 01765 698 699 and quote the reference number 177847

Up front budget: £1,500,000

Current turn over circa: £3,500,000

Cash offer: Up to 3.75x Recurring Income

Established since: 1982

Locations: Bristol

Additional Notes:
Boutique Wealth Management Firm With an All Chartered Adviser Team Offering a Consultancy Position to Retiring Practice Owners

- Position for the principal to take on a consultancy/advisory role within the new firm
- The business is looking to take on good quality staff members to maximize continuity in any transition
- Demonstrable, previous success in integrating Practices where client retention has been upward of 97% with principals paid out in full

A Premium offer will be available to Practices of the following profile:

. Located in the Bath, Bristol, Salisbury and the surrounding area
. Average client size of £200,000 or more
. Funds under management between £20-£150m FUM

For more information please call 01765 698 699 and quote the reference number 178540

Up front budget: £500,000

Current turn over circa: £1,200,000

Cash offer: Up to 4x with 60% upfront

Established since: 2007

Locations: West Midlands

Additional Notes: My client is offering up to 4x recurring revenue with 60% of the total consideration being paid upfront, 80% to be paid within 12 months and 100% after 2 years.

A truly client centric firm employing more than 5 advisors that have 11 back office staff at their disposal for the purpose of providing the time and ability to service the clients fully. Willing to work with the principal to determine which advisor is best suited for each individual client.

The firm has completed on 5 successful business integration boasting 100% client retention on the most recent one, whilst having 98% on average.

For more information please call 01765 698 699 and quote the reference number 178528

Up front budget: £7,000,000

Current turn over circa: £13,000,000

Cash offer: Up to 3.75x Recurring Income

Established since: 2002

Locations: Gloucestershire

Additional Notes: Gloucestershire/South Wales Based IFA Practice With a Long History of Success in Acquisitions, an All Advisory Proposition and a Commitment Not to Move Client Fees Post Integration

- All clients are given at least one annual review a year (or the client is not charged a fee)
- The vast majority of advisers on board are either Chartered or Award Winning and all are advocates of a tailored approach to both the execution of advice and the delivery standard.
- 100% of all new business cases are checked both internally and externally to ensure the highest level of compliance possible.
- Each adviser is supported by a 1:1 ratio of Paraplanners and back office support staff (most of which are Diploma level) enabling a pure focus on advice.
- The firm has had some of the best success nationally with integrating businesses, retaining between 95-97% of the clients with the vast majority of retired principals paid out in full

A Premium offer will be available to Practices of the following profile;

. Between £40-300m FUM
. Charging an ongoing fee of 0.5-0.75% (ideal but not necessary)
. Average client size of £200,000 or more
. Principals that wish to retire in 6-12 months or continue on managing the clients

For more information please call 01765 698 699 and quote the reference number 178512

Up front budget: £1,000,000

Current turn over circa: £4,300,000

Cash offer: Up to 4x recurring revenue

Established since: 2000

Locations: Somerset

Additional Notes: Taunton based wealth management firm managing £500m worth of funds with fantastic success in 10 previous acquisitions. This wealth of experience has resulted in 100% client retention in the 3 businesses they integrated last year, 99% on average across the 10 acquisitions, whilst paying the deferred elements of them all in full.

My client has established an incredibly sophisticated investment proposition including their own in-house discretionary fund management arm. This is very competitive in terms of pricing for the client as every element is in-house, resulting in the total expense for the client being 1.8%. However, because they are wholly independent, they have ensured complete continuity for 2 years until they have established the relationships with each client so there is no pressure or shoe horning into their own investment proposition. They do what's best for the clients and have done this process with their past acquisitions. They offer the opportunity to speak to these principals to hear about their experiences.

For the right opportunity, my client is offering to pay up to 4x recurring revenue with 50% of the total consideration upfront, and two deferred payments over 2 years.

A premium price will be paid for practices offering

. Locations of Taunton, Bristol, London

. £30-100m FUM

. Principals available to stay on for a handover period.

For more information please call 01765 698 699 and quote the reference number 178464

Up front budget: £500,000

Current turn over circa: £2,300,000

Cash offer: Up to 4.2x recurring revenue

Established since: 2010

Locations: Hampshire

Additional Notes: A highly successful IFA that has over £160m FUM looking for their 5th acquisition. This experienced regional acquirer can demonstrate success with these past acquisitions, keeping on average over 95% of client retention, portraying that they are the ideal trusted home for someone looking to hand over their life’s work.

For the right business, my clients will offer up to 4.2x recurring revenue with 50% upfront and 2 deferred payments in a period of 24 months.

My client offers 3 levels of service, ranging from advisory with one annual review, up to full wealth management service incorporating quarterly portfolio rebalances and multiple face to face meeting. Thus, ensuring that any client will benefit from excellent, personalised service, to the extent the client wants, that is currently provided by local advisors and the directors themselves.

A premium price will be available for firms offering:
- £20-100m FUM
- Locations of Bournemouth, Southampton, Wiltshire
- The principal being involved with the handover.

For more information please call 01765 698 699 and quote the reference number 178462

Up front budget: £250,000

Current turn over circa: £320,000

Cash offer: Up to 3.7x recurring revenue

Established since: 2010

Locations: Gloucestershire

Additional Notes: Well established, directly authorised IFA which has gone from strength to strength looking after inter-generations of families for over 10 years. Willing to keep the principal on for a transitional period initially and then open to retaining them further.

What makes this unique is that my client is offering high levels of continuity as he is not looking to shoehorn the clients into an investment proposition, they will be open to keeping them on their existing one and do what is in the individual's best interest.

Offering up to 3.7x recurring revenue with 50% upfront and 2 deferred payments over 2 years.

A premium offer will be available for practices offering:
- 10-20m FUM
- Locations of Gloucestershire, Herefordshire, Bath

For more information please call 01765 698 699 and quote the reference number 178461

Up front budget: £600,000

Current turn over circa: £300,000

Cash offer: up to 4x recurring revenue

Established since: 2012

Locations: Somerset

Additional Notes: A well-established chartered wealth management firm seeking their 4th successful acquisition. Proven record of 98% client retention on average due to high levels of continuity through complete flexibility on client interaction and servicing proposition.

A truly client centric firm with testimonials on Vouchedfor, The times and The Telegraph, along with the ability to speak to past retiring principals that left their life's work with the firm.

Willing to pay up to 4x recurring revenue with 50% upfront and paying the full 100% within 18 months, for the right business. Has payed 100% of all deferred elements in previous acquisitions and has done this from periods of 12-24 months.

A premium offer will be available for practices offering:
- £10-80m FUM
- Locations of Somerset, Devon, Bristol
- Investment and Pension led firm.

For more information please call 01765 698 699 and quote the reference number 178458

Up front budget: £400,000

Current turn over circa: £2,100,000

Cash offer: Up to 3.75x Recurring Revenue

Established since: 2001

Locations: Cardiff

Additional Notes:
Cardiff Based Purchaser Offering a Position for Principals for 1-2 years (details of package on request), Cash Secured for an Equity Buy-Out and a Minimal Change Approach to Integrating Practices

Advisers are supported through a 2:1 ratio of highly qualified Paraplanners, Client Relationship Managers 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. The business is excellently positioned to take on both advisers and support staff, providing training and progression opportunities to any members of the team who are working towards the Diploma/chartered level.

For more information please call 01765 698 699 and quote the reference number 178350

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

Up front budget: £400,000

Current turn over circa: £1,000,000

Cash offer: Up to 3.8x Recurring Revenue

Established since: 2006

Locations: Newbury

Additional Notes:

Fully Independent Wealth Management Firm With a Very Experienced Management team Looking to Take on The Right People as Well as the Right Practice

On any acquisition, the firm will keep the original investment proposition and platform the same to ensure minimal disruption to client service (unless there is a good reason to move the clients elsewhere). The principal 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.

The management team have successfully taken on an integrated several practices, retaining both key advisory and middle office staff members who are still working to this day.

A premium offer will be available to the following:

. Located in the Reading, Tadley, Bassingstoke, Bracknell, Hungerford, Malborough, Swindon, Faringdon, Chippenham
. Practices from £10m-50m Funds under Management
. Principles who wish to retire post completion or remain in the business on an attractive salary (enquire for more details)

For more information please call 01765 698 699 and quote the reference number 178171

Up front budget: £300,000

Current turn over circa: £400,000

Cash offer: Up To 3.75x Recurring

Established since: 1998

Locations: Torquay

Additional Notes:
Experienced, Local Purchaser Who is Looking to Keep all Clients On the Same Platform and in the Same Advisory Models (or Bespoke/DFM offering if applicable)

For more information please call 01765 698 699 and quote the reference number 178167