VIC. Excellent opportunity to exit the financial planning profession with up to 3.25 RR offered.

A well-established financial planning practise of 30+ years in VIC is looking for business acquisitions NOW. Books of business that cover fee for service, risk and investment are of interest in and around Melbourne.

Of particular interest are books with superannuation products such as: Colonial First State, AMP Flexitime Super, MLC Master Key; IOOF and One Path One Answer & Frontier.

Businesses that have an alignment with the risk product manufacturers AIA; TAL; PPS; Zurich; Clearview; CommInsure, BT, AMP, Asteron and MLC will be given serious consideration too.

Client bases with high accrued value in Industry superannuation funds will also be seriously considered.

Client bases of a HNW, PAYG tax participants, small business, SMSF’s, professionals and investment oriented clients for financial planning and retirement planning are eagerly sought.

The acquirers will consider up to 3.25 times annual income as an indicative figure for the right cultural fit. This group is keen to bed down acquisitions and is ready to talk immediately to genuine vendors.

Finance is approved for a suitable acquisition(s) up to $10M. They are willing to talk attractive terms for the purchase with an upfront investment, reasonable handover protocols and standard run off provisions.

They have modern in the cloud record keeping facilities, well trained compliant service personnel and fully qualified FP’s ready to deliver state of the art financial planning to all age ranges of clients.

This is a successful business seeking to increase its business value by acquisition with their own AFSL and a wide-ranging APL.

If you are a financial planning professional and you are looking to exit the business, this organisation is really keen to talk to you about your opportunity today.

Generous consideration of an up-front offer or on a generous sliding two-year acquisition terms scale are offered.

For more information, please call or email Jim Prigg today.