Up front budget: £ 1,500,000

Current turn over circa: £ 3,000,000

Cash offer: Up To 4.1x Recurring

Established since: 1983

Locations: Greater London

Locations: Mitcham

Additional Notes:

Multi Award Winning IFA Practice with Several Decades of Acquisition Experience, a Holistic Support Team and Several Millions in Cash to spend on the Right Practice

This buyer has had fantastic success on the most recent acquisition, retaining over 93% of the clients. The Practice also maintained all three advisers alongside honoring the existing CIP and fee arrangements for at least three years. 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.

The firm adopts a pure advisory model with advisers being supported 1:1 by client relationship managers and Para Planners who attend all meetings and create meeting packs and suitability letters. The number of clients per adviser is capped to under 100 to ensure each adviser can provide the best possible service to each client. The businesses is ideally placed to take on advisers and retiring principles to allow a focus on client service with all compliance and administration lifted.

A premium offer will be available to Practices offering:

. Located in the Croyden, Mitchen, Richmond, Weybridge, Epson and the South London Area
. Practices from £10m-70m Funds under Management
. Practices with an existing sustainable staff base are preferred

For more information please call 01765 698 699 and quote the reference number 177397