Current turn over circa: £ 140,000

Offers over: £ 470,000

Established: 15 t years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Greater London

Additional Notes:
Unusual High-Net-Worth IFA Practice in North West London with £30m FUM, c.50 Families with an Average Portfolio of c.£500,000 and ongoing charge of 0.55%.

The acquisition of the business would be most likely structured as an asset and goodwill sale, with no liability assumed by the acquiring party and no FCA change in control required. The ongoing adviser charge of 0.55% represents a huge potential for service uplift and value accretion.

For more information please call 01765 698 699 and quote the reference number 30156

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