£53m Client Bank Across 17 High-Value Households

Current turn over circa: £268,000

Offers over: £1,000,000

Established: 1 to 3 years

Gross Recurring Revenue: 200-300k

Number of staff: 1

Locations: Greater London

Additional Notes: With £53m AUM spread across just 17 households, the average portfolio is over £3m AUM, so clients are highly profitable to service.

The adviser is currently charging only 0.5%, meaning there is significant opportunity to increase recurring income.

This sale would not involve the transition of staff or premises, allowing a purchaser to immediately add profit without additional cost.

Given the client profile, a purchaser with experience in acquiring and servicing clients with multi-million-pound investments would be preferred by the seller.

The clients are primarily South East, but with spread across the Midlands, East Anglia, and South West, so an acquisitive firm should be well placed to advise in these locations.

For more information please call 01765 698 699 and quote the reference number 31931 ask for Toby Holbrey