Up front budget: £5,000,000

Current turn over circa: £9,000,000

Cash offer: up to 4x recurring revenue

Established since: 1996

Locations: Greater London

Additional Notes: Elite wealth management firm with over £1.8b FUM seeking their 4th successful acquisition. This firm has previous experience of integrating a multi-million turnover wealth management practice, where the principal not only received the deferred elements in full, through high levels of client retention of over 95%, but has actually stayed on for the company on an employed basis too.

This company’s vision is to increase its turnover by 60% within 5 years via organic growth, using their professional introducers and their own networks, in addition to acquisition. What is unique about this opportunity is that each of the 16 advisors are responsible for their own network and individual sector of clients they service. Therefore, they aim to have a transitional period with the principal to establish which advisor will be best suited to service each client, for the purpose of providing a high-quality tailored service, keeping continuity for the client.

For the right business, this firm has expressed an appetite to complete on a share purchase up to 4x recurring revenue with offering 60% upfront of the total purchase price and the remaining being paid in two tranches over a period of 24 months.

A premium price will be available for firms offering:
- £20-150m FUM
- Locations of London and the surrounding areas.
- Platform based practices with the principal being available for a transitional period

For more information please call 01765 698 699 and quote the reference number 178463