Dorset based IFA housing £20m FUM charging on average .55% ongoing

Current turn over circa: £150,000

Offers over: £440,000

Established: 5 to 10 years

Gross Recurring Revenue: 100-150k

Number of staff: 1

Locations: Dorset

Additional Notes: Dorset based IFA housing £20m FUM charging on average .55% ongoing. The recurring income is £110,000 with potential of uplift accelerating the return on investment.

The £20m FUM is comprised of 100 active households resulting in the average portfolio size being £200,000. This of course is a relatively small amount of profitable clients.

This retiring principal is looking for:

- A Dorset, Hampshire based practice
- A firm who will have a warm integration period where the principal will be involved in bridging the relationships
- A buyer who has the active funding or capital available

For more information please call 01765 698 699 and quote the reference number 30654 ask for Toby Holbrey