On Hold
£6,000,000
Telephone Based IFA Practice Managing £550m of Assets with over £5m of Recurring Income
Ref: 30596
Current Turnover
£6,000,000
Offers Over
£16,500,000
Established
25 to 30 years
Gross Recurring Revenue
More than 2m
Number of Staff
20 to 50
Location
London and South East
Current turn over circa: £6,000,000
Offers over: £16,500,000
Established: 25 to 30 years
Gross Recurring Revenue: More than 2m
Number of staff: 20 to 50
Locations: South of UK
Additional Notes:
Telephone Based IFA Practice Managing £550m of Assets with over £5m of Recurring Income
- Maintainable profit in the business is c.£3m
- The business has developed the tech and processes in-house to provide financial advice to lower value clients profitably and effectively and could serve as a new division of a larger firm
- A large proportion of the clients are signed up to Discretionary mandates (c.£200m FUM)
For more information please call 01765 698 699 and quote the reference number 30596 ask for Edward Thorpe
