Teeside based IFA, £30m Assets | £200k Recurring Income | 242 Households | Strong Retention Potential
Current turn over circa: £250,000
Offers over: £700,000
Established: 20 to 25 years
Gross Recurring Revenue: 150-200k
Number of staff: 3 to 5
Locations: East Riding of Yorkshire
Locations: Stockton on Tees
Additional Notes: Acquiring this firm would add c.£30m in assets across a concentrated base of around 242 households, generating £200k in recurring income with an average client portfolio of approximately £125k. The business benefits from a well-established and loyal client base, providing a strong foundation for long-term retention, something the Principal places significant importance on, with continuity of service and care a clear priority.
The average client age of 64 provides strong long-term potential, with many relationships expected to continue for 10 years or more. This offers a solid foundation of recurring income and future planning opportunities, making the book both stable and commercially attractive.
The firm has a clean compliance record, with no upheld or outstanding complaints and minimal exposure to high-risk products.
For more information please call 01765 698 699 and quote the reference number 31261 ask for Oliver Macer
