Hull Retiring IFA

Current turn over circa: £250,000

Offers over: £900,000

Established: 30 to 35 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: East Riding of Yorkshire

Locations: Hull

Additional Notes: Retiring IFA Managing c.£45m FUM Which Generates £250,000 from 113 Households.

- 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 £400,000 and thus the vast majority of clients are profitable to service.

- Vendor is ideally looking for a buyer that would retain team members to ensure minimal disruption between the current advisor relationships.

For more information please call 01765 698 699 and quote the reference number 31094 ask for Byron Snaith