Up front budget: £1,000,000

Current turn over circa: £2,000,000

Cash offer: up to 4x recurring revenue

Established since: 2000

Locations: Essex

Additional Notes: A high-quality wealth management firm with £200m FUM looking for their 4th successful acquisition. Proven record of keeping continuity and retaining more than 95% of clients on average. Ability to speak to past principals to hear about their experience.

A larger part of the current success with acquisitions stems from the current investment model. Their in-house investment models outperform 99% of the market. As the model is wholly independent, there is no pressure or shoe horning into a different investment proposition meaning continuity in the client service maximised, thus effectively crystallising differed payments and guaranteeing almost 100% of the value of any business taken on board.

Willing to pay up to 4x recurring revenue with 50% upfront and two deferment payments over 24 months, whilst offering the principal to stay on for at least 12 months, for the right business.

A premium offer will be available to Practices offering:
- the locations of Cambridge, Chelmsford, Bishops Stortfort, St Albans
- 10m FUM – 150m FUM
- Mainly Pensions and investments

For more information please call 01765 698 699 and quote the reference number 178457