Hertfordshire Based Asset Purchase with £15m in Funds Under Management £70,000 Ongoing Adviser Charges all at 0.5%.

Current turn over circa: £85,000

Offers over: £250,000

Established: 15 to 20 years

Gross Recurring Revenue: 50-70k

Number of staff: 1

Locations: Hertfordshire

Additional Notes:
Hertfordshire Based Asset Purchase with £15m in Funds Under Management £70,000 Ongoing Adviser Charges all at 0.5%.

A brilliant opportunity for an acquirer to take on a client base with huge amounts of potential. The advisor does not actively use platforms, meaning the total expense ratio is near 2%, with the IFA charging advisor fees of 0.5%. This means there will be a great opportunity for you to not only increase adviser charges, but also to decrease the total expense ratio ensuring a smooth transition of the clients over to your business.

The acquisition of the business would be structured as an asset and goodwill sale, with no liability assumed by the acquiring party.

For more information please call 01765 698 699 and quote the reference number 14927 ask for Toby Holbrey