International Adviser with £22M AUM Looking to Sell UK Clients
Current turn over circa: £140,000
Offers over: £500,000
Established: 10 to 15 years
Gross Recurring Revenue: 100-150k
Number of staff: 1 to 3
Locations: Gloucestershire
Additional Notes: This adviser is authorised in both the UK and Australia and is looking to cease providing ongoing reviews in the UK.
He currently charges an average fee of just 0.6%, meaning there is significant opportunity to uplift fees and increase profitability.
The client bank consists of only 50 households, meaning the average portfolio value is well over £350k, making clients highly attractive and efficient to service.
The average client age is just 56, providing significant future wealth accumulation potential and many years before natural client attrition becomes a factor, supporting long-term recurring revenue.
Ideally they would like to remain authorised by the new firm so he can facilitate handing over any further relationships.
For more information please call 01765 698 699 and quote the reference number 32019 ask for Toby Holbrey
