Swansea Retiring IFA Generating c £360,000 from 300 households

Current turn over circa: £410,000

Offers over: £1,296,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 0

Locations: Carmarthenshire

Locations: Swansea

Additional Notes: Retiring IFA Managing c £55m FUM with Average portfolios of £144,000

The ongoing fees of 0.65% typically represents huge potential for fee uplift and value accretion.

Very clean DA business as no high risk products have been advised to client within the business.

Portable practice without staff or offices would stay with the business; no cost would be taken on by the buyer leading to very high post acquisition operating margin.

For more information please call 01765 698 699 and quote the reference number 30901 ask for Edward Thorpe

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