Midlands Retiring IFA Managing £16m AUA

Current turn over circa: £130,000

Offers over: £290,000

Established: 20 to 25 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Nottinghamshire

Locations: Nottingham

Additional Notes: - Low ongoing advisor charge of 0.5% providing room for potential uplift maximising profits post-acquisition.

- The average investment per household is over £200,000 and thus the vast majority of clients are profitable to service.

- No high-risk products have been advised in the business, reducing the liability of a potential purchase.

- The principal is happy to engage in a 6 - 12 months handover to ensure all clients are novated and given a warm introduction to the new firm.

For more information please call 01765 698 699 and quote the reference number 31452 ask for Oliver Macer