Up front budget: £2,000,000

Current turn over circa: £4,000,000

Cash offer: 3.5x to 4x

Established since: 2009

Locations: Cheshire,Lancashire

Additional Notes: Having bought successfully 12 times before with over half of the retired principles remaining clients of the business themselves. This acquirer is doing things in the right way.

Completely focused on giving the clients the best possible service. Offering face to face meetings in some cases quarterly. All advisers are backed by support staff in a ratio of 3:1 to make sure that all clients are dealt with the same day.

Very process driven and efficient with clients supported by a full team, multiple contacts and contact points so that there is always someone available. Staff are all employed and focused on quality of service as opposed to just new business generation.

They have a range of offerings from quarterly meetings for high net-worth, more complex clients to an offering for clients with very small portfolios (which a number of larger businesses would no longer be able to effectively service).

A top 20 firm within network of over 1400 regulated firms. Grown to almost 500mill FUM in 10 years.

Able to offer an ongoing role for a principle and staff. All advisers work from home.

Ideal business has a lower average client charge of 0.6 or below. To this business they would look to add significant client value by adding in new services but also by reducing the TER due to significant platform discounts afforded the network and the firm i.e. the clients would not be paying anymore but would have an increased service level. They would not rock the boat in regards to clients fees within the deal period.

Advisers cover all across the North West and a business in the area of the North West within 50 miles of the cities of Chester, Liverpool, Manchester, Warrington, Bolton, Preston, Blackpool, Stoke or Wrexham would be of great interest and able to secure a top valuation.

For more information please call 01765 698 699 and quote the reference number 178368