An advisor in NSW is keen to acquire an existing practice or discuss a merger opportunity.
Location. Sydney CBD, North Sydney, Lower & Upper North Shore, Northern Beaches & North West Sydney.
Size of business wanted. Would consider any size business up to $300,000 in RR.
Annual client fees in range from $1,000-$5,000p.a+
Type of clients. PAYG, Professionals, Mums and Dads, Investors, Retirees, Tradies, Rural. Due consideration given to other specific types.
Specific products. Life insurance based. Superannuation. SMSF. Aged Care.
The advisor is qualified in all areas of advice.
Offer to acquire for the right cultural fit. Willing to pay up to 3 times RR- 80% upfront, with the additional 20% in 12 months.
This opportunity would suit an advisor looking to transition to retirement with a willing partner to look after their clients.
Consideration would also be given acquiring part of a client book now, with the potential to purchase the remaining portion upon the adviser’s retirement.
The buyer is a sole practitioner who is committed to ensuring a smooth transition for the clients and continuing to provide the same level of care and service the current advisor has delivered over the years.
Funds are in place ready to purchase now.
For more information, or a confidential chat please call Jim Prigg on 0408 520 453 or drop him a line at jim@knowledgemaster.com.au won’t you?