£34m AUM South West IFA Seeking Purchase

Current turn over circa: £350,000

Offers over: £650,000

Established: More than 35 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Devon

Additional Notes: This £34m AUM firm currently charges 0.5% and 0.75%, leaving significant scope to uplift client fees and improve long-term profitability.

The adviser is open to staying on post-sale to continue advising clients, so existing adviser capacity isn't a requirement for the buyer and with the existing adviser remaining in place, high client retention could be expected.

Most client funds sit on a single platform, making integration straightforward and the acquisition smoother.

There's also the option to acquire the firm's staff and office, giving buyers looking to establish a presence a strong foothold in the region.

For more information please call 01765 698 699 and quote the reference number 32047 ask for Edward Thorpe