IFA Practice Managing £150m FUM, £700,00 of Recurring across c.100 Households

Current turn over circa: £800,000

Offers over: £2,800,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 1 to 3

Locations: London

Additional Notes:

IFA Practice Managing £150m FUM, £700,00 of Recurring across c.100 Households

- The principal wishes to remain and add £50-60m FUM of new clients to the business over a 3 year period
- The business only houses two permanent members of staff in the business leading to an adjusted profit of c.£500,000
- The Principal can handover c.10 Accountants & Solicitors which typically introduce £8-10m FUM in new clients per year

The Principal is looking for a purchaser that can:

• Engage in a handover of 24-36 months while providing an incentive for bringing in new clients to the business

• Maintain the staff base and the investment approach during the transitional period

For more information please call 01765 698 699 and quote the reference number 30607 ask for Toby Holbrey