Growing North London/Home Counties IFA looking to sell £35m AUM and join new firm
Current turn over circa: £380,000
Offers over: £950,000
Established: 3 to 5 years
Gross Recurring Revenue: 200-300k
Number of staff: 3 to 5
Locations: Hertfordshire
Additional Notes:
The business is an appointed representative of a network, which means no direct liabilities would transfer with the acquisition of the clients.
The average portfolios exceed £400k, making them highly profitable and attractive to service.
The adviser has introduction agreements providing a steady flow of high-quality leads, adding £7–8m AUM from high-net-worth clients annually. A buyer could capitalise on these leads, alongside the adviser’s expertise, to drive long-term revenue growth.
The business’s staff are not a requirement of the sale but could be transferred to a buyer seeking skilled administrators and paraplanners in the South East.
The firm is currently run by a young adviser who is looking to reduce their compliance and operational workload by selling and joining a new business, focusing on the provision of advice.
A suitable acquirer would be:
- A dynamic business offering opportunities for growth
- An established firm with strong marketing and lead generation to maximise the use of the adviser’s skills
- Technologically forward-thinking, with an interest in integrating new technology and approaches into their practice
For more information please call 01765 698 699 and quote the reference number 31868 ask for Toby Holbrey
