Local Wealth Management Practice Housing £53m FUM, an Ongoing Advisory Charge of c.0.5% and a Client-Office Serving Model.

Current turn over circa: £350,000

Offers over: £960,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Bath

Additional Notes:

Local Wealth Management Practice Housing £53m FUM, an Ongoing Advisory Charge of c.0.5% and a Client-Office Serving Model.

Rare opportunity to acquire a fantastically profitable Practice established over a decade ago with zero complaints made since inception. The high level of profitability can be partly accredited to a very high level (over 95%) of clients traveling to the office for annual reviews. This model is highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for traveling thus saving both time and money.

With an average client portfolio size of £300K+, this business has the ability to drastically increase an acquirer’s FUM with relatively little extra cost, adding an estimated c.£250 of profit to your bottom line. The Practice represents one of the cleanest and most efficient Business you’re likely to see anywhere on the marketplace at this time. 

For more information please call 01765 698 699 and quote the reference number 30288 ask for Toby Holbrey