Newcastle IFA managing £20m AUA

Current turn over circa: £120,000

Offers over: £350,000

Established: 25 to 30 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Tyne and Wear

Locations: Newcastle upon Tyne

Additional Notes: - Low ongoing advisor charge of 0.5% providing room for potential uplift maximising profits post-acquisition.

- The average investment per household is over £200,000 and thus the vast majority of clients are profitable to service.

- The average client age is 60, providing longevity within the client book to ensue a high return on investment.

- The principal is happy to engage in a 6 - 12 month handover to ensure all clients are novated and given a warm introduction to the new firm.

For more information please call 01765 698 699 and quote the reference number 31440 ask for Byron Snaith