Local IFA housing 35m FUM with no excess liability, an average advisory charge of .6% and an average client portfolio size being £200,000
Current turn over circa: £275,000
Offers over: £850,000
Established: 30 to 35 years
Gross Recurring Revenue: 200-300k
Number of staff: 1 to 3
Locations: Gloucestershire
Additional Notes: Local IFA housing 35m FUM with no excess liability and an average advisory charge of .6% and an average client portfolio size being £200,000
Rare opportunity to acquire a fantastically profitable Practice established over two decades ago. The high level of profitability can be partly accredited to the fact there is no office expenses and the fact that majority of the clients are very local and met once a year f2f.
This is a fantastically vanilla IFA where no risky products have been conducted what so ever. This contributes to a very steady and low level of PI being paid out annually. The average client portfolio size is £200,000 meaning all clients are worth seeing as they are all profitable in their own right.
For more information please call 01765 698 699 and quote the reference number 30431 ask for Toby Holbrey
