Retiring IFA Managing c.£22m FUM

Current turn over circa: £120,000

Offers over: £400,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Essex

Locations: Chelmsford

Additional Notes: - Low ongoing advisor charge of 0.5% providing room for potential uplift maximising profits post-acquisition.

- The average investment per household is over £500,000 and thus the vast majority of clients are profitable to service.

- The average client age is 65, providing longevity within the client book to ensue a high return on investment.

- 80% of clients are serviced remotely increasing profitability and opportunity to relocate.

- No high-risk products have been advised in the business, reducing the liability of a potential purchase.

- The principal is happy to engage in a 12/24 handover to ensure all clients are novated and given a warm introduction to the new firm.

For more information please call 01765 698 699 and quote the reference number 31382 ask for Toby Holbrey