SELLING AN IFA PRACTICE
Are you thinking of selling your IFA practice? Harrison Spence can help you through the process from start to finish.
We are specialists at dealing with IFA Mergers & Acquisitions. In 2016 Acquisition International awarded us “Best Retail M&A practice UK” for our work in this field.
We are pleased to report that Acquisition International have recently awarded us Most client focussed M&A advisory firm UK 2019
We have sold business of all descriptions and sizes providing the vendors with deals to match their needs. Whether you want a complete sale, a deferred sale, a merger or to perhaps just sell “the tail “of your business, we are ideally placed to assist you. We have an 85% success rate when appointed. Call us in complete confidence and we’ll be happy to outline your options to you.
“When I came to sell my own IFA practice, I became frustrated by the whole process. Determined that other IFAs wouldn’t encounter similar problems I devised a more logical approach. That was 10 years ago, and we’ve been arranging life changing events ever since”
Alan Marks Former IFA and Managing Director of Harrison Spence Limited
WHY HARRISON SPENCE?
We put our high success rate down to two main factors:
- Experience-Most of our partners are previous IFAs and have first-hand experience of both setting up an eventually selling an IFA business. This “Coal Face” experience is vital when handling an IFA sale. By choosing us, to handle your sale, you will be dealing with people that genuinely understand how your business works.
- Our Unique Service –We endeavour to bring businesses with similar aspirations and cultures together and this helps facilitate a smooth sale, acquisition or merger of the businesses. Our approach is unique in that we work for both the seller and acquirer as an independent and impartial party in the business relationship. Our success rate is substantially higher than the usual corporate finance or broker results
Selling your IFA practice may appear to be a daunting and complicated task but we have helped many IFAs of all sizes and descriptions in the past and we are here to provide the help and guidance you will need.
Initially, many IFA owners contact us for an informal chat, often just to understand how the process works and the time scales involved. You may just want us to provide you with a valuation and we would be happy to provide this. We can help with all issues relating to the sale and if at the end of your deliberations, we will help locate a suitable purchaser for your business.
We know from our dealings with IFAs that the choice of a suitable buyer is one that takes a good deal of consideration, in choosing a buyer it’s not just a case of “what’s best for me”, it’s also “what’s best for my clients”.
We also know that the cultural fit has to be correct as without this there will be no lasting deal. If you are thinking of of selling your IFA practice or would like to discuss alternative options that may be open to you, please contact us today, discretion assured.
If the service you require is not listed on our website, please contact our office by telephone or e-mail and we will do our best to assist.
We also welcome any general business question you may have. We have a very established and wide range of industry contacts at all levels up to company CEOs
If we don’t know the answer, we can usually steer you in the right direction.