£6.5m AUM client bank in Hertforshire

Current turn over circa: £100,000

Offers over: £125,000

Established: 5 to 10 years

Gross Recurring Revenue: 30-50k

Number of staff: 1 to 3

Locations: Hertfordshire

Additional Notes: This sale consists purely of clients with no staff or premises included. This enables the clients to be integrated into existing capacity without increasing costs and allows all revenue to contribute directly to the purchasing firm.

The clients have average portfolio sizes of approximately £400k which should make servicing them highly profitable, and provide similarly valuable referrals.

The selling party intends to complete a sale in the near term. A purchasing firm would therefore be able to add the clients and associated funds to their business on a short timeline with minimal delay.

The seller is seeking a purchaser who can provide a highly personal face to face service for their clients.

They would also prefer a purchaser with the capacity to provide mortgage services in order to continue supporting their mortgage clients.

For more information please call 01765 698 699 and quote the reference number 31911 ask for Toby Holbrey