Kent IFA: 14 corporate clients (£133k p.a.) and 44 private clients (£14m FUM, £57k p.a.)
Current turn over circa: £180,000
Offers over: £700,000
Established: 15 to 20 years
Gross Recurring Revenue: 150-200k
Number of staff: 1 to 3
Additional Notes: Corporate: 14 corporate clients, 9 of them on retainer, producing £130k a year. That’s £100k of retainers plus £33k of group risk commission across pension, group life, GPMI and GIP schemes. Two re-brokes worth around £25k are already quoted for 2027, and the firm has four years of clean regulatory history with no complaints.
Private clients: 44 private clients with £14m FUM, and every one of them came through the corporate relationships. There are 14 live new-business cases, so a buyer benefits from relationships that are already in place. Most of the clients are around Kent.
Lean and ready to hand over: The business is run by one adviser and a part-time co-director, with no staff, no office and no fixed costs. Both are exiting, with handover running to May 2027. It suits an individual adviser as a ready-made business, or a firm wanting an employee-benefits feed. On top of that, 16 more private clients (£3.4m) can be included with the previous acquirer’s agreement, and a fund-management joint venture has already introduced 8 clients (£9.0m), with more possible.
For more information please call 01765 698 699 and quote the reference number 32112 ask for Toby Holbrey
