Risk Businesses Wanted Urgently. Eastern Seaboard

A successful FP group in Newcastle is looking to acquire a book of business along the Eastern seaboard.

Income would be made up of Insurance renewal commissions to $150K.

The make-up of the client base could be from the following groups or a combo:

Client age below 55 age preferred.

Product providers from the following are acceptable:

TAL AIA Onepath Zurich AMP
Comminsure Colonial MLC Asteron
BT Macquarie PPS Mutual AMP/AXA heritage

Records storage systems such as: XPlan or Adviser Logic are preferred.

The acquirer is prepared to consider. up to 3.25 times RR) times for the right cultural fit, from 60 % to 80 % on signing with the vendor to be available for a mutually convenient time frame.

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.

Consideration will also be given to a mortgage book of similar income stream.

For more information and a prompt introduction please call Jim Prigg on 0408 520 453 or jim@knowledgemaster.com.au.