Unique and Portable IFA Practice Housing £45m FUM, an Average Portfolio Size of Over £300k and an average Fee structure of c.0.65%

Current turn over circa: £330,000

Offers over: £1,020,000

Established: 20 to 25 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Romford

Additional Notes:
Unique and Portable IFA Practice Housing £45m FUM, an Average Portfolio Size of Over £300k and an average Fee structure of c.0.65%

With an average client portfolio size of £300K+, this business has the ability to drastically increase an acquirer’s FUM with relatively little extra cost, adding an estimated c.£250k of profit to your bottom line. The practice has been around for over two decades with zero DB transfer exposure and a focus on financial planning. The Practice represents one of the cleanest and most efficient Business you’re likely to see anywhere on the marketplace at this time. 

The firm's client bank is extremely local with over 80% of clients within 1 hours drive. The business is thus highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for excessive traveling and heightening cash flow generation of the acquisition.

For more information please call 01765 698 699 and quote the reference number 30252 ask for Toby Holbrey