Exit by selling to a local peer

Local peers can make the perfect exit partners providing ongoing, local support for your clients.

It isn’t just consolidators or larger national / regional firms who are looking to grow through acquisition. There’s an increasing number of local firms that are buying advice, planning and wealth management businesses.

This could be the perfect option if your preference is to sell to a firm that’s aligned with your values whilst giving your clients continuity of a local service, which can be very reassuring.

After your sale completes, you will likely be working with the acquiring firm in some capacity. When you’ve been used to running your own small business, working with a similar-sized organisation can be more attractive than working for a larger entity with a corporate feel you’re just not used to.

A local firm is unlikely to be able to compete financially with larger firms due to restrictions on their own business value and their ability to raise capital. But it’s possible that the transaction can be tailored to your specific needs, including a longer-term deal structure. You may feel comfortable with this offset, especially if it means reducing the potential upheaval for clients.

How we help

Understand what you want

We can’t help you achieve your objectives without understanding them. So that’s exactly where we start. This means we’re both working in partnership towards meeting your goals.

Making the right choice

You only sell your business once. You’ve got to get it right. We’re independent, and we work for you, so we’ll give you an unbiased and honest list of potential options. We may encourage you to speak to a range of types of buyers for that reassurance you are making the right decision.

Maximising value

Putting the hard work in now pays off when due diligence starts. We’ll prepare you for the process ahead, provide time for improvement and help you to make the best first impression. This will instil confidence in buyers, open doors and improve value.

Acting for you, not the buyer

When it’s appropriate, our Partner Route means we represent you and not the buyer. This option can open up a wider range of opportunities and means we can negotiate all aspects on your behalf. Remember too, we never take a fee from both parties.

A partner through the process

We’ve been in your shoes and know how stressful the process can be. Our knowledge of running a regulated business, as well as the acquisition landscape, means we are perfectly placed to remove the pressure on you and deal with the inevitable bumps in the road, so you can get on with the day job.

Building your team

We’ve built up a strong network of professional connections who can help you build and exit your firm, all with significant experience in this regulated space. From outsourced suppliers to legal and tax experts, these are all at your disposal. As you’d expect, we never take any fees for making an introduction.

We’ve been in your shoes

Victoria Hicks and Brian Hill have been in your shoes. Over the past few years, they’ve both successfully exited their advice businesses. Now, their mission is to help advisers, planners and wealth managers do the same by providing help, insight and support that sellers haven’t previously had access to. At the same time, the pair want to enhance the profession they care greatly about and which provides such value and education to clients.

Find out more