Essex Retiring IFA managing £50m AUA

Current turn over circa: £250,000

Offers over: £720,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 0

Locations: Essex

Locations: Braintree

Additional Notes: - The average investment per household is over £370,000 making the vast majority of clients very profitable to service.

- Extremely low ongoing advisor charge of 0.5% providing room for potential uplift maximising profits post acquisition.

- The average client age is 60, providing longevity within the client book to ensue a high return on investment.

- No high-risk products have been advised in the business, reducing the liability of a potential share purchase.

- The principal is happy to engage in a 12/24 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 30416

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