Essex IFA Managing £70m AUA
Current turn over circa: £550,000
Offers over: £1,700,000
Established: 15 to 20 years
Gross Recurring Revenue: 300-500k
Number of staff: 3 to 5
Locations: Essex
Locations: Colchester
Additional Notes: - Low ongoing advisor charge of 0.7% providing room for potential uplift maximising profits post-acquisition.
- The average investment per household is over £450,000 and thus the vast majority of clients are profitable to service.
- The average client age is 59, providing longevity within the client book to ensue a high return on investment.
- The principal is happy to engage in a 2-3 year handover to ensure all clients are novated and given a warm introduction to the new firm.
For more information please call 01765 698 699 and quote the reference number 31401 ask for Toby Holbrey
