London IFA with £30m FUM across 34 households

Current turn over circa: £130,000

Offers over: £330,000

Established: 30 to 35 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: London

Additional Notes:
Unique IFA Practice, Housing c.£18m FUM with a Typical Client Representing a Portfolio of over £400k and a Notable Client Specialism in The Professional Legal Space.

90% of the clients are within the City and the Greater London area. 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.

Housing largely higher-net-worth clients (average size over £400k), the opportunity ensures every single client is profitable and high margin, representing an acquisition that will be immediately accretive to the bottom line of any buyer with a very attractive payback period. The ongoing adviser charge of 0.5% represents huge potential for fee uplift and value accretion.

For more information please call 01765 698 699 and quote the reference number 30239 ask for Toby Holbrey