Highlands Based Advisor with £40m AUM Looking for Retirement

Current turn over circa: £200,000

Offers over: £600,000

Established: 25 to 30 years

Gross Recurring Revenue: 100-150k

Number of staff: 0

Locations: Highlands

Additional Notes: This advisor is part of a network, so liabilities sit with the network rather than the firm, which reduces a purchaser’s exposure to previous advice.

This advisor has no staff or premises and does not need a role with the purchasing firm, so a purchaser would be taking on the clients alone, with the added funds and recurring income going straight into profit for a firm with capacity.

The clients are charged 0.5%, which gives a new firm a real opportunity to improve the profitability of servicing them by moving to industry standard charging.

This advisor would need a firm able to service clients in the Highlands and surrounding area face to face, as this is how advice has historically been delivered.

For more information please call 01765 698 699 and quote the reference number 32094 ask for Toby Holbrey