Up front budget: £1,000,000

Current turn over circa: £2,000,000

Cash offer: Up to 3.7x Recurring

Established since: 1996

Locations: Slough

Additional Notes:
Outstanding, Charted Wealth Management Practice with Several Decades of Acquisition Experience, a large Back Office and Support Team and Several Millions in Cash to Spend Paying up to 3.7x Recurring revenue for the right Practice.

Advisers are supported through a 2:1 ratio of highly qualified Paraplanners and back office support staff, enabling a pure advisory focused model. 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 practice has had fantastic success with over 3 previous acquisitions, experiencing, on average, 97% retention in conjunction with zero losses of clients from the large pool currently served. Retention in the most recent acquisition was over 99% with the principle receiving 100% of the deffered cash paymetns. This experienced regional acquirer has demonstrable success with countless previous acquisitions and 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 177318