Up front budget: £750,000
Current turn over circa: £1,200,000
Cash offer: 4.3x recurring revenue
Established since: 2010
Additional Notes: This firm is offering over 4x recurring revenue for a south wales based IFA. This is actually 1x more than the average for a quality IFA firm in the region.
This firm has completed on 3 acquisitions in the past only losing one client across them all. Thus, they have a proven track record of successfully integrating client and maintaining strong client relationships.
They have paid in full in every acquisition they have completed on which means it's a very safe pair of hands to take on your life's work and realising every pound, shilling and pence of value in the business.
For more information please call 01765 698 699 and quote the reference number 179209 ask for Edward Thorpe
Up front budget: £5,000,000
Current turn over circa: £3,000,000
Cash offer: up to 4.5x recurring income
Established since: 2001
Additional Notes: Outstanding regional IFA which is highly experienced in acquiring seeking another high quality firm with a war-chest of over £5m
This firm is offering up to 4.5x recurring income, which is actually 1-1.5x more than what we sold local competitor businesses for this year.
They have completed on 12 acquisitions achieving on average over 95% client retention rate. Therefore, you can be confident that your clients will be happy with the level of service they will receive. Resultantly, this firm has paid in full for every business they have bought, meaning it is highly likely you will receive every pound, shilling and pence for your firm.
A premium price will be offered to those firms who:
- have an average client portfolio size of over £100,000
- Charge their clients between 0.35%-1%
- Are South West based
For more information please call 01765 698 699 and quote the reference number 179192 ask for Edward Thorpe
Up front budget: £1,500,000
Current turn over circa: £2,000,000
Cash offer: 4x 50/25/25
Established since: 2010
Additional Notes: Local IFA offering to retain staff and principal housing over £200m of clients assets seeking their second successful business integration.
This firm is offering up to 4x recurring revenue with 50% of total consideration being paid upfront and two deferred instalments over the course of 24 months.
This firm has successfully integrated two practicea boasting 100% client retention. Resultantly, all principles have been paid in full meaning that it is a very safe pair of hands to pass on your life's work to.
For more information please call 01765 698 699 and quote the reference number 179188 ask for Edward Thorpe
Up front budget: £1,500,000
Current turn over circa: £3,500,000
Cash offer: Up to 4x recurring revenue
Established since:
Additional Notes: Boutique Wealth Management Firm With an All Chartered Adviser Team Offering a Consultancy Position to Retiring Practice Owners
- Position for the principal to take on a consultancy/advisory role within the new firm
- The business is looking to take on good quality staff members to maximize continuity in any transition
- Demonstrable, previous success in integrating Practices where client retention has been upward of 97% with principals paid out in full
A Premium offer will be available to Practices of the following profile:
. Located in the Bath, Bristol, Salisbury and the surrounding area
. Average client size of £200,000 or more
. Funds under management between £20-£150m FUM
For more information please call 01765 698 699 and quote the reference number 178905 ask for Edward Thorpe
Up front budget: £2,000,000
Current turn over circa: £2,000,000
Cash offer: 4.5x Recurring Revenue
Established since:
Additional Notes: Local IFA housing over £200m FUM seeking their tenth successful business integration achieving 95% client retention on average
This firm is offering up to 4.5 recurring revenue with 60% of the total consideration being paid upfront and two deferred elements over 24 months.
They have successfully integrated 9 IFA practices paying the principals in full and offering the opportunity to speak to a past principal to understand their experience
For more information please call 01765 698 699 and quote the reference number 178887 ask for Edward Thorpe
Up front budget: £600,000
Current turn over circa: £1,500,000
Cash offer: 4x - 50/25/25
Established since:
Additional Notes: South West based IFA looking to integrate another business with a warchest of over £!m
This firm is offering 4 x recurring revenue for the right practice and offers to keep a high level of continuity.
For more information please call 01765 698 699 and quote the reference number 178837 ask for Edward Thorpe
Up front budget: £190,000,000
Current turn over circa: £50,000,000
Cash offer: 6x EBITDA or 4x Recurring Revenue
Established since: 2000
Additional Notes: Completely Independent National Firm with £190m of secured finance looking to integrate high quality IFA's offering incredibly generous packages including high levels of continuity
This firm has successfully completed on over 50 acquisitions achieving over 90% of client retention and ensuring to pay in full to the principal.
They offer principals to be retained on a self-employed basis whilst capitalising on the full value of the business, including the staffing and structure of the business.
A premium price will be offered to the following businesses:
- Those who have an average client portfolio size of over £250,000
- Nationwide
- Comprehensive back office system and investment proposition
For more information please call 01765 698 699 and quote the reference number 178866 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £2,000,000
Cash offer: 4x recurring revenue
Established since: 2015
Additional Notes: Local IFA offering to retain staff and principal housing over £200m of clients assets seeking their second successful business integration.
This firm is offering up to 4x recurring revenue with 50% of total consideration being paid upfront and two deferred instalments over the course of 24 months.
This firm has successfully integrated another practice boasting 100% client retention.
For more information please call 01765 698 699 and quote the reference number 178835 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £350,000
Cash offer: 4x recurring revenue
Established since:
Additional Notes: Growing regional IFA managing over £50m FUM looking for their next successful business integration ensuring high levels of continuity with a war-chest of £750,000.
This client is offering a premium price of 4x recurring revenue with 50% of the total consideration being paid upfront and 2 deferred elements of 25% over 2 years.
They have been incredibly successful in integrating another practice through offering continuity in the investment proposition and client servicing.
A premium price will be paid for practices offering:
. Locations of Bristol, Bath, Taunton and Swindon
. £10-35m FUM
. Principals available to stay on for a handover period and client average portfolio size being over £100,000
For more information please call 01765 698 699 and quote the reference number 178778 ask for Edward Thorpe
Up front budget: £400,000
Current turn over circa: £3,000,000
Cash offer: Up to 3.8x recurring revenue
Established since: 2003 ask for Edward Thorpe
Additional Notes: Experienced and Successful Local Independent Wealth Manager with a Unique Approach to Acquisitions (See below for Details)
This buyer has had fantastic success with over 4 previous acquisitions experiencing, on average, 98% retention in conjunction with zero losses of clients from the large pool currently served. In addition, there has been very little material change to either the investment proposition or service to clients. The firm can continue running portfolios in an advisory or discretionary basis in an active, passive or bespoke fashion. The continuity within the acquisition strategy alongside the strong cash flow generation means any instalment payments the years post acquisition have almost zero risk attached.
Advisers are supported through a 1:1 ratio of highly qualified para planners and 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. Most new clients will cared for personally by a highly experienced and qualified partner of the firm.
A Premium Offer Will be Available to the Following Practices:
Up front budget: £10,000,000
Current turn over circa: £2,000,000
Cash offer: 60/20/10/10
Established since: 2015
Locations: Bristol
Additional Notes: Private Equity backed national IFA located in the Bath/Bristol region seeking to integrate another practice whilst ensuring high levels of continuity offering up to 7.5x EBITDA.
This firm is offering incredible levels of continuity, ensuring that they will not shoehorn any clients into their investment proposition. They operate as local offices all individualistic in their own right.
The firm is solely independent, willing to retain the principal, offering autonomy in terms of how they run the business and staying away from a target driven model. They also offer a share % of the topco. involved in the acquisition.
For more information please call 01765 698 699 and quote the reference number 178561 ask for Edward Thorpe
Up front budget: £250,000
Current turn over circa: £650,000
Cash offer: 4x reucrring recurring
Established since: 2012
Locations: Devon
Additional Notes: Local IFA housing £65m FUM looking to integrate another practice, offering up to 4x recurring revenue. Firm has been developed with the client in mind including a 1:1 advisor to support staff.
This firm is offering 4x recurring revenue for the right practice with 50% of the total consideration being paid upfront with 2 deferred elements over 24 months.
This firm has developed the foundations with technology at the forefront all for the purpose of providing the most efficient and effective service to the client. They employ 1 back office staff per advisor so the advisor can concentrate on providing the personal, face to face service
For more information please call 01765 698 699 and quote the reference number 178655 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £1,200,000
Cash offer: 4x 60/20/20
Established since:
Locations: West Midlands
Additional Notes: My client is offering up to 4x recurring revenue with 60% of the total consideration being paid upfront, 80% to be paid within 12 months and 100% after 2 years.
A truly client centric firm employing more than 5 advisers that have 11 back office staff at their disposal. This provides the time and ability for the adviser to service the clients fully. This firm values the input from the principal to determine which adviser is best suited for each individual client.
The firm has completed on 5 successful business integrations achieving 100% client retention on the most recent one, whilst having 98% on average across the 5. Thus portraying that they are a very safe pair of hands to leave your life's work with
For more information please call 01765 698 699 and quote the reference number 178622 ask for Edward Thorpe
Up front budget: £200,000
Current turn over circa: £1,500,000
Cash offer: 3.8x recurring revenue, 50-25-25
Established since: 2018
Locations: Bristol
Additional Notes: Regional IFA managing £200m of clients assets seeking their sixth successful business integration.
This company is offering up to 3.8x recurring revenue with 50% upfront and 75% of the total consideration within 12 months.
This firm has boasted 100% client retention across all of their acquisitions resulting in each principal being paid in full. They have additionally retained 3 of the principals who are still existing advisers within the firm.
For more information please call 01765 698 699 and quote the reference number 178608 ask for Edward Thorpe
Up front budget: £300,000
Current turn over circa: £1,000,000
Cash offer: Up To 3.75x Recurring Income - Share Sale
Established since: 1995
Locations: Cardiff
Additional Notes:
Newport and Cardiff Based Purchaser Who have Successfully Integrated 4 Practices to Date and Take a Minimal Disturbance Approach to Integrating Business
- Client retention rate has been c.98% average on the last three IFA Practices that have been integrated with the business
- One of the factors that have led to such a higher retention is my clients approach to on-boarding new clients; there is no change to the portfolio construction, platforms or ongoing advisory charge even for the longer term.
- Handovers have varied from 1 week to 3 years, my client is very flexible on how the principal(s) is looking to work in a potential merger
A Premium offer will be available to Practices of the following profile:
. Located in the Newport, Cardiff, Swansea, Cheltenham, Gloucester, Hereford, Oxford and the Surrounding Area
. Practices between £5m-£40m Funds Under Management
. Average client size above £150,000 (preferred but not essential)
For more information please call 01765 698 699 and quote the reference number 177847 ask for Edward Thorpe
Up front budget: £1,500,000
Current turn over circa: £3,500,000
Cash offer: Up to 3.75x Recurring Income
Established since: 1982
Locations: Bristol
Additional Notes:
Boutique Wealth Management Firm With an All Chartered Adviser Team Offering a Consultancy Position to Retiring Practice Owners
- Position for the principal to take on a consultancy/advisory role within the new firm
- The business is looking to take on good quality staff members to maximize continuity in any transition
- Demonstrable, previous success in integrating Practices where client retention has been upward of 97% with principals paid out in full
A Premium offer will be available to Practices of the following profile:
. Located in the Bath, Bristol, Salisbury and the surrounding area
. Average client size of £200,000 or more
. Funds under management between £20-£150m FUM
For more information please call 01765 698 699 and quote the reference number 178540 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £1,200,000
Cash offer: Up to 4x with 60% upfront
Established since: 2007
Locations: West Midlands
Additional Notes: My client is offering up to 4x recurring revenue with 60% of the total consideration being paid upfront, 80% to be paid within 12 months and 100% after 2 years.
A truly client centric firm employing more than 5 advisors that have 11 back office staff at their disposal for the purpose of providing the time and ability to service the clients fully. Willing to work with the principal to determine which advisor is best suited for each individual client.
The firm has completed on 5 successful business integration boasting 100% client retention on the most recent one, whilst having 98% on average.
For more information please call 01765 698 699 and quote the reference number 178528 ask for Edward Thorpe
Up front budget: £7,000,000
Current turn over circa: £13,000,000
Cash offer: Up to 3.75x Recurring Income
Established since: 2002
Locations: Gloucestershire
Additional Notes: Gloucestershire/South Wales Based IFA Practice With a Long History of Success in Acquisitions, an All Advisory Proposition and a Commitment Not to Move Client Fees Post Integration
- All clients are given at least one annual review a year (or the client is not charged a fee)
- The vast majority of advisers on board are either Chartered or Award Winning and all are advocates of a tailored approach to both the execution of advice and the delivery standard.
- 100% of all new business cases are checked both internally and externally to ensure the highest level of compliance possible.
- Each adviser is supported by a 1:1 ratio of Paraplanners and back office support staff (most of which are Diploma level) enabling a pure focus on advice.
- The firm has had some of the best success nationally with integrating businesses, retaining between 95-97% of the clients with the vast majority of retired principals paid out in full
A Premium offer will be available to Practices of the following profile;
. Between £40-300m FUM
. Charging an ongoing fee of 0.5-0.75% (ideal but not necessary)
. Average client size of £200,000 or more
. Principals that wish to retire in 6-12 months or continue on managing the clients
For more information please call 01765 698 699 and quote the reference number 178512 ask for Edward Thorpe
Up front budget: £1,000,000
Current turn over circa: £4,300,000
Cash offer: Up to 4x recurring revenue
Established since: 2000
Locations: Somerset
Additional Notes: Taunton based wealth management firm managing £500m worth of funds with fantastic success in 10 previous acquisitions. This wealth of experience has resulted in 100% client retention in the 3 businesses they integrated last year, 99% on average across the 10 acquisitions, whilst paying the deferred elements of them all in full.
My client has established an incredibly sophisticated investment proposition including their own in-house discretionary fund management arm. This is very competitive in terms of pricing for the client as every element is in-house, resulting in the total expense for the client being 1.8%. However, because they are wholly independent, they have ensured complete continuity for 2 years until they have established the relationships with each client so there is no pressure or shoe horning into their own investment proposition. They do what's best for the clients and have done this process with their past acquisitions. They offer the opportunity to speak to these principals to hear about their experiences.
For the right opportunity, my client is offering to pay up to 4x recurring revenue with 50% of the total consideration upfront, and two deferred payments over 2 years.
A premium price will be paid for practices offering
. Locations of Taunton, Bristol, London
. £30-100m FUM
. Principals available to stay on for a handover period.
For more information please call 01765 698 699 and quote the reference number 178464 ask for Edward Thorpe
Up front budget: £500,000
Current turn over circa: £2,300,000
Cash offer: Up to 4.2x recurring revenue
Established since: 2010
Locations: Hampshire
Additional Notes: A highly successful IFA that has over £160m FUM looking for their 5th acquisition. This experienced regional acquirer can demonstrate success with these past acquisitions, keeping on average over 95% of client retention, portraying that they are the ideal trusted home for someone looking to hand over their life’s work.
For the right business, my clients will offer up to 4.2x recurring revenue with 50% upfront and 2 deferred payments in a period of 24 months.
My client offers 3 levels of service, ranging from advisory with one annual review, up to full wealth management service incorporating quarterly portfolio rebalances and multiple face to face meeting. Thus, ensuring that any client will benefit from excellent, personalised service, to the extent the client wants, that is currently provided by local advisors and the directors themselves.
A premium price will be available for firms offering:
- £20-100m FUM
- Locations of Bournemouth, Southampton, Wiltshire
- The principal being involved with the handover.
For more information please call 01765 698 699 and quote the reference number 178462 ask for Edward Thorpe
Retiring IFA
Unit 6
Highfield Business Park
Ripon
North Yorkshire
HG4 2RN
01765 698 699
