The average sales price of financial businesses sold through Retiring IFA over the last year has more than doubl Tuesday 04 Aug 2015

The average sales price of financial businesses sold through Retiring IFA over the last year has more than doubled, as acquisitions post-RDR are led by larger scale businesses. 

 

As deals are getting bigger, the firms bought are also larger too, as the acquirers have more resource as part of their strategy to grow their business. 

 

Getting as much insight as possible into the competitive landscape of advisers looking to sell can help you with the task of selling your life’s work for a premium price. 

 

The average time to complete a sale, the average number of meetings and average sale price are all useful metrics to bear in mind when selling your business. Having knowledge of this average in terms of meetings may help you weed out those unsavory buyers that only serve to waste your time and energy.