Up front budget: £1,000,000

Current turn over circa: £3,000,000

Cash offer: 3.5-3.8x Recurring

Established since:

Locations: Hertfordshire

Additional Notes:
Multi-Award Winning, Experienced Private Client Firm Established over Five Decades, Supporting a 3:1 Middle office to Advisory Support Ratio with Over £1 million to Spend on the Right Firm

The Advisers are supported by an exceptional 3:1 ratio of highly qualified Paraplanners and Support Staff to each Adviser, enabling a pure advisory focused model. Advisers can solely focus on client meetings, allowing for a completely focused client experience and very high retention rates for any business taken on.

Employing some of the most highly qualified and successful advisers in the region, this business is one of the best positioned to accommodate new clients and ensure near 100% retention post acquisition. The business is excellently positioned to take on up to five new staff members and possibly a second office, providing maximum continuity to the clients moving forward. This approach to maintaining the staff base and client offering will ensure near 100% retention in the next acquisition and subsequently pay 100% of any deferred element.

This buyer has had fantastic success with multiple previous acquisitions experiencing, on average, 95% retention in conjunction with zero losses of clients from the large pool currently served. The Practice has never let any retiring principle down on deferred payments and with demonstrable success with countless previous acquisitions is the ideal, trusted home for someone looking to depart with their life's work.

For more information please call 01765 698 699 and quote the reference number 177607