£50m AUM Adviser Looking For Sell & Stay

Current turn over circa: £235,000

Offers over: £850,000

Established: 5 to 10 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Surrey

Additional Notes: This adviser is looking to de-risk and reduce workload by joining a new firm, immediately passing over a portion of their clients and continuing to work with the remainder and pass them over across a number of years.

This adviser is self-employed through a network, meaning that the purchasing of their clients would not transfer liabilities from the previous advice, reducing the risk for a purchaser.

The clients are currently being charged 0.5%, meaning a significant opportunity for value uplift and raising the profitability of servicing. Additionally, the clients have valuable portfolios averaging £400k, meaning a high profitability for servicing.

This adviser has a paraplanner who they would like to join the firm with them and they would prefer to maintain independence of their working style.

For more information please call 01765 698 699 and quote the reference number 32098 ask for Toby Holbrey