An advisor is looking to acquire a book of business on the South Coast of NSW and Southern Sydney. But happy to look at other options.
Amount of recurring income up to $1,000,000 would be considered.
Number of clients required is around 100.
Client bases consisting of PAYG, Professionals, Retirees, Accumulators, Mums & Dads, SMSF’s and Property investors are of interest. Risk portfolios are of interest too.
Clients’ age brackets required is from 40-65.
Risk producers from the following providers are welcome:
| TAL | AIA | Onepath | Zurich | BT |
| Comminsure | Colonial | MLC | Asteron | Macquarie |
| PPS Mutual |
Records storage system preference is for. XPlan. Adviser Logic. In the cloud.
FUM up to $50 million would be of interest.
Would be prepared to consider a multiple of up to 2.75 times annual income RR times for the right cultural fit.
Buyer is keen to offer 60% to $75% up front with the balance over 3 years.
Buyer would consider an attractive package for the vendor if they would like to stay on in a BDM capacity.
The buyer is willing to talk attractive terms for the purchase with an upfront investment, reasonable handover protocols and standard run off provisions.
Finance is arranged. Suitable change over subject to inspection of tax records and compliance due diligence.
For more information and a prompt introduction please call Jim Prigg on 0408 520 453 or jim@knowledgemaster.com.au