£8.25m Client Bank Available as Adviser Relocates Overseas

Current turn over circa: £100,000

Offers over: £200,000

Established: 5 to 10 years

Gross Recurring Revenue: 50-70k

Number of staff: 1

Locations: Greater London

Additional Notes: This adviser has built a client bank of £8.25m across just 15 households, creating an efficient and highly profitable proposition with average portfolios of approximately £550k.

The adviser operates under another firm's regulatory permissions, meaning this opportunity consists solely of a client bank with no staff, premises or historic advice liabilities attached, making it a straightforward and low-risk acquisition.

The average client age is only 47, providing significant scope for future wealth accumulation and asset growth over many years, supporting long-term value for a purchaser.

Clients are also currently charged an average ongoing fee of 0.66%, creating potential scope for future fee uplift and increased profitability where appropriate.

The adviser is looking to sell the client bank and relocate overseas to pursue a new career. As a result, a purchaser would need to be comfortable with the adviser not being available in the UK throughout the full two-year earnout period.

For more information please call 01765 698 699 and quote the reference number 32008 ask for Toby Holbrey