Buying an IFA Business

Buying an IFA client bank can be a great way to expand your company. With so many IFA’s currently leaving the industry, many lucrative client banks are becoming available at reasonable prices. Our specialists can help you to find a practice that suits your requirements.

We can also provide a detailed valuation report, and help with due dilligence. We have a large database of IFA’s looking to sell and work with many of the top networks. We can help potential buyers of all sizes. Both on outright acquisitions and commission based introductions.

Our buyer fees are the lowest in the industry, at just 4.9% of any completed deal price. We can also help with mergers with fixed price consultancy

What to consider

When looking to buy an IFA client bank on either type of agreement, the buying IFA should always consider the following:

• What is the renewal value of this client bank?

• How dependent is this figure on the top percentage of clients?

• How many clients have the potential to generate new business?

• What is the location breakdown of this client bank?

Our specialists will listen to your needs in detail, then approach suitable targets. We will then help you to assess each of the above, and then help you to complete the deal.

Introducers Agreements

For those not looking to spend thousands up front, Introductions can be a great way to grow your business. They involve the outgoing IFA introducing their clients to a buying IFA, and receiving an agreed commission on the initial business. The buying IFA then keeps all revenues from future services and renewals. This can be a great option for smaller buyers, and they can be selective over which clients they take on.