Unusual High-Net-Worth IFA Practice in East Sussex with £30m FUM, c.40 Families with an Average Portfolio of c.£650 and ongoing charge of 0.7%.

Current turn over circa: £250,000

Offers over: £815,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: East Sussex

Additional Notes:
Unusual High-Net-Worth IFA Practice in East Sussex with £30m FUM, c.40 Families with an Average Portfolio of c.£650 and ongoing charge of 0.7%.

Housing largely higher-net-worth clients, the opportunity ensures every single client is profitable and high margin (current operating margin 80%), representing an acquisition that will be immediately accretive to the bottom line of any buyer with a very attractive payback period. c.80% of clients are situated within 30 miles of the practice making this client bank very efficient to service, eliminating the need for traveling thus saving both time and money.

For more information please call 01765 698 699 and quote the reference number 30218 ask for Toby Holbrey