Suffolk Retiring IFA Generating c £80,000 from 20 Households
Current turn over circa: £80,000
Offers over: £320,000
Established: 15 to 20 years
Gross Recurring Revenue: 70-100k
Number of staff: 0
Locations: Suffolk
Locations: Colchester
Additional Notes: The ongoing adviser charge of 0.5% represents huge potential for fee uplift and value accretion
The principal is happy to engage in a 12-24 month handover to ensure all clients are novated and given a warm introduction to the new firm.
The average investment per household is over £1,600,000 and thus the vast majority of clients are profitable to service.
No staff or offices to be taken on as part of the acquisition, maximising profits post acquisition
For more information please call 01765 698 699 and quote the reference number 16782 ask for Toby Holbrey
