£1,100,000
IFA in the North East with £100m FUM
Ref: 31989
Current Turnover
£1,100,000
Offers Over
£2,750,000
Established
25 to 30 years
Gross Recurring Revenue
1-2m
Number of Staff
5 to 10
Location
North East and Yorkshire
Current turn over circa: £1,400,000
Offers over: £5,750,000
Established: 25 to 30 years
Gross Recurring Revenue: 1-2m
Number of staff: 5 to 10
Additional Notes: This business has developed a highly lucrative client base, with an average household value of £750,000, meaning you will be servicing profitable clients with room to grow further.
90% of their assets are with two major providers, which should leave to a more streamlined integration to a purchaser's business.
With an average ongoing adviser charge of 0.5%, there is the potential for further growth in recurring revenue in the future.
For more information please call 01765 698 699 and quote the reference number 31989 ask for Oliver Macer
