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North East IFA circa £9m FUM £400k Household Average

Current turn over circa: £100,000

Offers over: £320,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: Tyne and Wear

Additional Notes: Incorporating a business mix of 50% Investments and 50% Pensions, an ongoing average client charge of 1% this business is a highly desirable acquisition either as a business in its own right, or an addition to an established practice. Intelliflow back office system.
To secure this business a multiple of 3.6 x recurring or above is required with payment profile of 50/25/25 over 18 to 24 months

For more information please call 01765 698 699 and quote the reference number 15900 ask for Byron Snaith

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