A successful FP group is looking to acquire a book of business located in any one of the following regions, Riverina Murray, Central West & Orana, New England & Northwest, Central Coast or Hunter.
This purchaser is highly motivated, with a vast background in financial planning and is open to consider a variety of business types.
The FP prefers client base located in a regional centre, however, is not exclusively attached to this consideration and would be open to explore opportunities in larger centres if there is suitable commonality and an ideal target market.
Ideal client base could constitute one or more of the following:
- Rural businesses
- Professionals
- SME’s
- PAYG
- Retirees
- Accumulators
- Farmers
- SMSF’s
- Wealth business
Relatability to the clientele will be a critical component of the decision process.
Preferred income range 700k to 800k but will consider businesses of a smaller and larger scale, as long as there is no impact to serviceability of the clientele and the business is returning sound profit.
Preference to a business with little or no risk advice.
Serviceability of the clientele needs to be manageable by a single planner, but not exclusive to this consideration.
Where appropriate, the purchaser has a desire to retain existing labour resources and infrastructure.
A transition/hand over period would be required between the vendor and the purchaser, and length of time would need to be negotiated.
The buyer is willing to talk attractive terms for the purchase with an upfront investment, reasonable handover protocols and standard run off provisions.
Finance ready to go for the right partner.
For more information and a prompt introduction please call Jim Prigg on 0408 520 453 or jim@knowledgemaster.com.au