There is a high preference that the buyer has a female presence within their business (preferably a female adviser).
This is a Financial Planning Firm that operates in the Sydney CBD region and began over 15 years ago. The business is owned by a director and there are 3 additional support staff.
$454k Recurring Revenue
$114m Funds Under Management
• The acquisition of a really efficient, well run, best of breed financial planning practice ie strongly engaged clients who value financial advice, fully platformed, fixed fees (that increase each year) and annual fixed engagements, model portfolios, managed funds, marketing to niche, homogenous client base, strongly compliance focused.
• To take over our referral sources and public speaking opportunities.
• Excellent compliance history
• Specific target market
Reason for Sale
The principal wishes to exit the industry and face new challenges.
Indicative offers subject to due diligence are invited; we expect offers to be around a multiple of 3 times Recurring Revenue plus.
Purchase Price ~ 3 x $454,000 = $1,362,000
1 x Owner
1 x Additional Advisor
2 x Administration/Assistant Staff
Download Business Profile Here