Contact us:
LinkedIn: [ Ссылка ]
Tel : 0208 0044 162
Email: enquiries@ifa-acquisitions.co.uk
Full advert - [ Ссылка ]
Advert:
Are you a current Financial Adviser looking to alleviate pressure by segmenting your clients and selling your lower tiers, which will help you to achieve semi-retirement or focus on growing your high value clients, plus receive a highly competitive multiple of recurring income?
The Company
Our client company have a team of highly trained, centrally based, FCA regulated financial advisers, advising a broad range of clients with differing needs, circumstances and goals. These range from pensions, personal wealth management, ISAs and insurance/protection products. They have gradually evolved by acquiring IFA businesses, a process they are looking to continue with ambitious targets in the coming years, and have developed the requisite base to provide a highly competent and affordable financial planning service to retail clients. The founder of the firm has founded both private and listed companies, including a financial advice firm and a foreign exchange brokerage as well as being a member of the Institute of Chartered Accountants.
With substantial funds available, the Group is ready to enter their growth phase through the steady take-on of client bank acquisitions with a target of 50 – 100 asset purchases of typically £5m – £15m each of Funds under Management in order to attain their goal of £1bn by 2024.
The Opportunity
As their business is designed to provide financial planning advice to the ‘middle market’ of UK retail clients; they are very much interested in acquiring your ‘B and/or C’ clients who typically hold £15,000 to £250,000 of investable assets. By segmenting your clients, not only will you receive a capital event for the sale of your lower net worth clients; it will provide you with the opportunity to invest more time in your HNW connections!
This would also suit fully retiring IFAs whose client bank is predominantly made up of smaller investors up to £250k and where their clients would be comfortable with centralised reviews by qualified Financial Advisers with an excellent track record of client retention.
Why this Opportunity is different to other acquisition deals?
Most acquirers are only interested in IFAs selling their entire client bank or having to join the firm for 1 – 2 years before the sale goes ahead. Many IFAs do not want either of these scenarios and end up doing nothing.
Value
Typically 3.25x trail / ongoing fee income with potential to go higher
The purchase price is paid over 3 stage payments. Typically, this is 50% on completion, 25% at the first anniversary and 25% at second anniversary.
Will consider a long earn out arrangement on old legacy trail – ideal for advisers with lots of pre-RDR investments
This is an ideal opportunity if you:
Are looking to focus your time on developing your HNW / UHNW connections
Would like a capital event now through releasing the bottom end of your portfolio at full market rates
Want to remain advising your ‘A’ clients through your existing business set up
Considering semi-retirement and would like to offload some clients now to ease the pressure
Want full retirement where your clients are typically lower value i.e. £50k to £250k of investment holdings but still want a highly competitive offer with a proven track record of high retention
Benefits
Continued on full advert...
Liability and Disclaimer
The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate. However, Premier Jobs UK Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.
