£33M With Adviser Looking for Sell & Stay

Current turn over circa: £200,000

Offers over: £850,000

Established: 10 to 15 years

Gross Recurring Revenue: 150-200k

Number of staff: 1

Locations: Berkshire

Additional Notes: The clients are charged 0.55% on average, with an average total cost to clients of 1.7%, offering an excellent opportunity to lower costs while uplifting fees and raising profitability.

This is a network firm, meaning the sale will not carry any of the liability from previous advice, reducing potential risk for a purchaser.

Client portfolios average £350k [I don't see this figure in the transcript - worth double-checking], making the clients highly profitable to service, especially as they're serviced almost entirely on a remote basis.

This adviser is looking to remain within a new firm after selling his clients and work there long-term, though would not bring across any staff.

For more information please call 01765 698 699 and quote the reference number 32084 ask for Toby Holbrey