IFA Buyers South West

Up front budget: £600,000

Current turn over circa: £1,200,000

Cash offer: Up to 3.75x Recurring Revenue

Established since: 2006

Locations: Swindon

Additional Notes:
Multi-Office IFA Offering and a Unique Approach to Acquisitions and Succession Planning (See Below for Details) With Funding Secured for a 2020 Acquisition.

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. The Practice has a deep founded face to face model with Advisers covering the entire span of the South West in three different offices in Bristol, Gloucestershire and Swindon. 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.

The administration team are trained to work with every platform and the Practice is looking to retain the clients previous investment proposition, platform and even fee structure. 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.

The Practice manages all clients including Retail, Corporate and Trust.

A Premium Offer Will be Available to the Following Practices:

Up front budget: £5,000,000

Current turn over circa: £3,000,000

Cash offer: Up to 7x EBITDA

Established since: 2001

Locations: Gloucestershire

Additional Notes:
Chartered and Multi-Award Winning South Wales / Gloucester Based IFA Practice Offering a Unique Sell and Stay Option To Principles Wishing to Continue Working

Advisers are supported through a 3:1 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 (all either fellows or chartered), 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 up to twelve new staff members and will provide training and qualifications to any members of the team who are working towards the Diploma/chartered level.

The approach to acquisitions is a that of minimal change with your current fee structure, staff base and even brand to be kept the same for at least a two year period. 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.


A Premium Offer Will be Available to the Following Practices:

Up front budget: £1,500,000

Current turn over circa: £3,000,000

Cash offer: Up to 4x Recurring

Established since: 1971

Locations: Bristol

Additional Notes:

Multi-Award Winning Bristol Based Financial Planning Firm Established Several Decades Ago, Supporting a 3:1 Middle office to Advisory Support Ratio and a Unique Approach Which Guarantees Payment for Retiring Principles

This buyer has had fantastic success with over 8 previous acquisitions experiencing, on average, 98% retention in conjunction with zero losses of clients from the large pool currently served. The firm implements a unique acquisition model which allows for a degree of clients loss with no change in the payments to the Retiring Principle. As a result, in all Practices the firm has brought on board, every Principle received 100% of the value of their business (more details on request).

Each client brought on board is reviewed individually with the Principle as to how best service the client. If remaining with the same investment proposition is the best for any particular client, no material change is made to the clients investments. 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 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.

A premium offer will be available to practises offering:

. Practices Located in the Bath, Bristol, Wells, Warminster, Chippenham, Swindon, Thornbury and the Surrounding Area.
. Practices from £5m - £100m FUM Funds under Management
. Either principles who wish to remain in the business or take part in a 3-6 months handover of the business

For more information please call 01765 698 699 and quote the reference number 90742

Up front budget: £ 300,000

Current turn over circa: £ 100,000

Cash offer: 4x 60/40 Profile over 12 months

Established since: 2018

Locations: Gloucestershire

Additional Notes: A trio of successful individuals have come together to form a DA business with Advisory, Regulatory & Administrative expertise. Headed by a professional with direct experience of over 30 acquisitions in the last 10 years for a national IFA this business has the funding in place to proceed immediately with a market leading deal structure

For more information please call 01765 698 699 and quote the reference number 177460

Up front budget: £ 500,000

Current turn over circa: £ 1,000,000

Cash offer: 4x

Established since:

Locations: Cheltenham

Additional Notes: - £500,000 cash for an upfront payment
- Looking for a local firm in Cheltenham
- Face to face financial sdvice with an emphasis on moral and ethics.
- Can do 100% upfront on small client bank on a lower vlaue.

For more information please call 01765 698 699 and quote the reference number 177440

Up front budget: £ 500,000

Current turn over circa: £ 1,000,000

Cash offer: 4x

Established since:

Additional Notes: Established over 10 years.
Chartered Practice.
Up to 4x recurring.

For more information please call 01765 698 699 and quote the reference number 177108

Up front budget: £ 300,000

Current turn over circa: £ 1,000,000

Cash offer: 4x 60/20/20

Established since: 2015

Locations: Dorset

Additional Notes: Boutique Investment Management Company with UK and Overseas presence 500k cash put aside for acquisition offering up to 4 x your recurring income and up to 80% of the consideration in the first 12 months.
My client is looking to expand its advisory services within Dorset & Hampshire and has continuity of high quality client service central to its acquisition strategy. With a preference for principals and teams to remain and develop the business with the support of a larger entity

For more information please call 01765 698 699 and quote the reference number 177389

Up front budget: £ 250,000

Current turn over circa: £ 1,000,000

Cash offer: 4.5 X Recurring 60/20/20

Established since: 2013

Locations: Gloucestershire,Wiltshire

Additional Notes: Experienced acquirer seeks Gloucestershire, Wiltshire area IFA firm to expand the advisory arm of this Investment Management Company, with £500,000 cash put aside for acquisitions, offering up to 4.5 x your recurring income and 80% of the consideration in the first 12 months.
This expanding business brings Institutional quality investment management experience to the retail advisory market and will maintain high quality client service to your valued clients. This presents a rare and exciting opportunity for principals to secure a market leading deal and to stay on with teams intact and to develop the business.

For more information please call 01765 698 699 and quote the reference number 177015

Up front budget: £ 150,000

Current turn over circa: £ 200,000

Cash offer: 4x 50/25/25

Established since: 2000

Locations: Swansea

Additional Notes: My client runs a successful Directly Authorised business and can provide a safe pair of hands for clients within an hour of Swansea. Client retention and continuity of service are the key aims to develop relationships with minimal change

For more information please call 01765 698 699 and quote the reference number 176892

Up front budget: £ 400,000

Current turn over circa: £ 400,000

Cash offer: 4x recurring 60/20/20

Established since: 2017

Locations: Somerset

Additional Notes: My client is well established within the Bristol area , growing mainly organically to where they have £38m in FUM now. With plans to ease the clients into the practice and limit the amount of change this represents a safe pair of hands for your business or valued client bank . The firm are what you would call a traditional IFA firm, with a growing business, 2 IFAs and experienced back office staff. This means that when you sell your business to them you will have the full support of the whole team behind you. To find out more about this fantastic acquirer call Byron Snaith on 01765 698 699

For more information please call 01765 698 699 and quote the reference number 176948

Up front budget: £ 1,000,000

Current turn over circa: £ 1,000,000

Cash offer: 4.2 x 50/25/25

Established since: 2015

Locations: Gloucestershire

Additional Notes: Experienced acquirer seeking client banks or partial client banks in the South West. with smaller average portfolios of £20K to £200K capable of remote compliant servicing by this telephone and web based business.
With three successful acquisitions and retention levels of between 99 and 100%, this practice is now looking to embark on a sustained acquisition program through 2019.

Having invested heavily recently, to ensure all clients have a dedicated service adviser, the business boasts six experienced regulated individuals with ample capacity to match the planned growth.

Principals who are looking to focus on their core clients and perhaps sell a portion of their clients with lower average portfolios are particularly welcome.
With multiples to 4.2x and 50% deposit upon completion, this is a rare opportunity for principles preparing for a future exit to enhance their average portfolio size and increase their core business value.

For more information please call 01765 698 699 and quote the reference number 176861

Up front budget: £ 500,000

Current turn over circa: £ 750,000

Cash offer: 3.5x 50/25/25

Established since: 2013

Locations: Greater London

Additional Notes: A high-quality telephone-based business looking for a fourth successful acquisition. Boasting 99 per cent retention rate of 2 previous acquisitions of over 7mil AUA.

Focusing on providing a high quality service to the ‘middle market’ of UK retail clients investing 15K -150k, this firm is looking to grow their existing client bank of over 850 active households even further following on from their continual rapid and successful growth since 2013.

This acquirer offers a unique opportunity to complete partial client bank purchases. They would be keen to speak to individuals or businesses who would like to offload a portion of their client bank and focus on their core clients. Particularly attractive to those preparing for a future exit and looking to make their core business more attractive and worth a higher premium, those looking to free up some time and offload smaller clients, those struggling to provide profitable review based service to smaller clients and also those looking to head in a different direction but remain in the industry.

Looking for a targeted acquisition to grow their Financial Planning and Investment Management arms the offering for the right firm, up to 3.5 times ongoing adviser fees with 50 per cent deposit on day one with 25 per cent after 12 months and 25 per cent after 24 months.

If you would like to know more about this firm, or the IFA acquisitions market in your area call Byron Snaith on 01765 698 699. We will be happy to answer any questions with free consultations and tailored advice to suit you.

For more information please call 01765 698 699 and quote the reference number 176840

Up front budget: £ 1,000,000

Current turn over circa: £ 8,000,000

Cash offer: 4.5 x 50/50

Established since: 2010

Locations: East Midlands,West Midlands

Additional Notes: The Practice is offering two distinct opportunities:

1. An attractive standard structure of up to 4.5x Recurring Revenue paid over 12 months

2. A unique opportunity to become an Appointive Representative 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 100% of both recurring and new business up until the point where the purchase agreement is executed (more details on request).

The vast majority of Advisors on board are either Charted or Fellows 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 four 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 9:1 ratio of technical support/administration staff to Advisers, enabling a pure advisory focused model and a focus on client contact and support. The team are ideally placed to aid the transitional period and can accommodate a number of new staff in the existing luxury offices who would also benefit from the same lucrative remuneration (more details on request).

. No minimum average portfolio size
. Up to £100m Funds under Management considered

For more information please call 01765 698 699 and quote the reference number 176823

Up front budget: £ 750,000

Current turn over circa: £ 400,000

Cash offer: 4x 60/20/20

Established since: 2017

Locations: Richmond

Additional Notes: My client started their Wealth Management business two years ago and has gone from strength to strength building up their Funds Under Management (FUM) by over double in the last year. They are currently in the process of acquiring their second business, which will grow the firm to over £40m in FUM.

What makes this opportunity stand out from others is that they are not looking to shoehorn your clients into any old proposition. They ease the clients in, letting them get to know their business and making sure that they are comfortable with them.

You will obviously be on hand to help the process, warmly introducing them to your clients and be on hand to help provide guidance whenever necessary so you can help them to know your clients as well as you do.

A premium offer will be available to practices offering;

Locations:
Oxford OX Reading RG

Total consideration (GBP):
To £1.5m

Client Base:
A young accumulating client base 50s with clients with at least £50,000 of Funds under management on average.

Staff & Premises:
Staff and premises will definitely be considered for the right business.

For more information please call 01765 698 699 and quote the reference number 176771

Up front budget: £ 500,000

Current turn over circa: £ 300,000

Cash offer: 4x recurring revenue deal structure 50/25/25

Established since: 2008

Locations: Somerset

Additional Notes: Chartered Financial Planners established for over 10 years specialising in advising successful business owners and professional individuals this business develops an intimate understanding of their clients values.
Creating bespoke investment plans they assist clients to make prudent investment decisions to maintain their quality of life. This boutique exclusive practice is committed to excellent work where their attention is completely focused and their energy, enthusiasm and ethics are fully engaged. Client retention levels are excellent as displayed by the discretion, competence and care taken in relationship building post acquisition.
If you have half an eye on retirement, it would be the perfect time for a non-commital, confidential conversation with our client.

For more information please call 01765 698 699 and quote the reference number 176761

Up front budget: £ 500,000

Current turn over circa: £ 1,000,000

Cash offer: 4.25x 60/20/20

Established since: 2000

Locations: Wiltshire

Additional Notes: Wiltshire Chartered Financial Planners, Offering up to 4.25 x your recurring revenue stream with up to 80% consideration paid within 12 months

Established in 2000 this firm and has grown to circa £80 million FUM

This multi disciplined established practice has 8 IFAs and an experienced Management Team and back office support and presents a rare and exciting opportunity for principals to secure a market leading multiple with a bespoke exit strategy
A premium offer will be available to practices offering;

Locations:
Wiltshire

Total consideration (GBP):
To £1 million

Client Base:
A solid and loyal client base with accumulating clients in 50s with at least £200k on average.

Staff & Premises:
Principal and staff can be retained

For more information please call 01765 698 699 and quote the reference number 176669

Up front budget: £ 500,000

Current turn over circa: £ 1,000,000

Cash offer: 4.3x

Established since: 2013

Locations: Devon

Locations: Exeter

Additional Notes: Exeter Award winning Chartered Financial Planners Offering to 4.3 x recurring revenue stream with 50% of the consideration paid day 1.

My client started their Wealth Management business over six years ago and has gone from strength to strength growing to circa£100 million FUM. What makes this opportunity stand out from others is that they are not looking to shoehorn your clients into any old proposition. They ease the clients in, letting them get to know their business and making sure that they are comfortable with them.

This established practice has 3 IFAs and an experienced Management Team and back office support and presents a rare and exciting opportunity for principals to secure a market leading deal and be retained with teams intact.

A premium offer will be available to practices offering;

Locations:
Exeter and a radius of 25 miles

Total consideration (GBP):
To £800k

Client Base:
A solid and loyal client base with accumulating clients in 50s with at least £200k on average.

Staff & Premises:
Principal & Staff can be retained

For more information please call 01765 698 699 and quote the reference number 176748

Up front budget: 150000

Current turn over circa: undefined

Cash offer: 4 x 60/20/20

Established since: 2003

Locations: Cornwall

Locations: Plymouth

Additional Notes: Seasoned Family IFA purchaser – Devon/Cornwall – 300k cash

A seasoned acquirer based in Devon looking to acquire with 300k in cash. Established for 15 years with a holistic approach to Investment Tax & Lifestyle Strategies, this business provides a superb opportunity for a retiring principal to ensure high client service levels are maintained.

With previous acquisition experience this firm is keen to expand on their HNW client bank local to Devon. Providing 3 high quality and experienced advisers with comprehensive back office support this team provides a platinum service to existing clients and the capacity to integrate more.

Operating a DFM and Model portfolio over the last 15 years with monthly investment committee meetings to ensure fund performance and maximum client retention. Trainee advisers have also been recruited in preparation for continued referrals and another successful acquisition. This is a business with succession plans in place looking to take the next step forward in their considered growth.

This experienced and client-centric acquirer is offering up to 4x recurring income with a strong deposit on completion and a flexible handover.