South Wales IFA for Sale – Client Bank and Advisers

Current turn over circa: £1,250,000

Offers over: £600,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: South Glamorgan

Additional Notes: This business comes with self-employed advisers generating £500k in ongoing fees, some at retirement age and open to being purchase targets themselves, rapidly adding to funds under management and revenue growth.

There's also a significant mortgage book generating over £300k a year in further consistent revenue.

The firm currently charges clients 0.65% ongoing fees, leaving significant room for fee uplift and future profitability.

With client average ages in their 50s, there's far longer continuity in this client bank than a typical IFA purchase, meaning significantly greater long-term revenue for the purchasing firm.

They're looking for a firm that can take on the self-employed advisers and give both the authorised business owner and their advisers a retirement value.

For more information please call 01765 698 699 and quote the reference number 32044 ask for Toby Holbrey