East Midlands IFA £19m FUM Average Household £350k plus
Current turn over circa: £300,000
Offers over: £700,000
Established: 5 to 10 years
Gross Recurring Revenue: 150-200k
Number of staff: 1 to 3
Locations: East Midlands
Additional Notes: An enviable client bank made up of just over 50 households and an average portfolio size of around £350 k with some clients investing north of £1.5million. Having focused on client relationships throughout their career, my client is now in an excellent position to work with an acquirer to bed clients in over a number of years whilst continuing to generate an impressive level of new business.
Looking for offers in the region of 3.5 x recurring paid with at 60% upfront, 20% at the end of 12 months and 20% at the end of 24 months.
For more information please call 01765 698 699 and quote the reference number 30354 ask for Oliver Macer
