IFA Buyers South West

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Edward Thorpe

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 ask for Ben Spratt

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 ask for Edward Thorpe