You are here:  

IFA Seller Manchester

IFA Seller Manchester

Are you looking for an excellent value IFA seller in Manchester?

If so, you will find Berkeley Cannon specialise in working with IFA seller Manchester, to establish a great deal for IFA sellers and acquirers. We are a leading business intermediary with deal sizes ranging from between £250K and £1million or more. Our staff are chosen for their academic IFA seller prowess and IFA business experience. Many have backgrounds with leading investment banks, legal houses and accountancy firms so understand the needs of IFA sellers and acquirers and how much an established IFA business is worth.

IFA Seller Manchester

Berkeley Cannon specialise in working with IFA sellers in Manchester and our sales executives identify the unique selling points of IFA businesses and present them to potential acquirers. There are a number of stages to the IFA seller process:

IFA Seller Manchester

  • IFA Seller Review - Exploring the value of existing IFA businesses in Manchester. Our executives are available to speak with you at length to develop an understanding of your IFA sale needs
  • IFA Seller Instruction  If you instruct Berkeley Cannon to sell or buy an IFA business, we can assist you at no cost associated with the Instruction to Market.
  • IFA Seller Information Memorandum - We create an Information Memorandum (IM) to for IFA sellers
  • Identifying an IFA acquirer – We create a summary of your IFA business and circulate that information around the IFA acquirer community with an NDA (Non-Disclosure Agreement) before we send them a full IM.
  • IFA Seller Meeting - Once the acquirer has read the IM and signed the NDA, we liaise to organise a sale meeting. IFA acquirers present a multitude of offerings from share swaps, to earn out agreements, to full sales on completion date.
  • Signing IFA Seller Heads of Terms – The seller IFA will provide some pre offer information for an acquirer to present an offer based on the value of the IFA seller business and offer. The Heads of Terms provide a framework for the subsequent sale documents.
  • IFA Seller Due Diligence - This will usually take 6-8 weeks and includes the time taken to draw up the IFA share sale (or asset sale) agreements and the disclosure letter. The IFA purchaser will review all the information and confirm that the information we provided in our IM is accurate. A completion date for the IFA seller is agreed and worked towards.
  • IFA Seller Completion - On completion date the IFA seller will transfer funds to the acquirer solicitor who will take their costs, pay fees and any additional costs incurred in the IFA sale.

Berkeley Cannon are highly experienced and qualified to help retiring IFAs in London throughout the business sales process with advisers only a phone call away. Our fee structure is commission based, so we ensure there are multiple acquirers looking at your IFA business. If you are a retiring IFA in London please contact us via our enquiry form below or visit our LinkedIn page.