Sell my IFA Business: How much is my IFA Business actually worth?
Many things affect when it comes to the question of how much is my IFA worth . I look at some of the most important parts, such as planning for the next person to take over, responsibilities, and data quality. If you're an advisor who wants to sell your business, you've been thinking about its worth. In the past, recurring income was two to four times the annual amount. It was used to determine how much it worth to sell my IFA . However, this rule of thumb only works well in today's market. The average age of advisers in the UK keeps going up. Selling to an advice partnership, consolidator, or aggregator has become a popular way for business owners to retire. They get money from the companies they worked hard to build up over many years. Besides this, many other, less well-known factors will affect how much a buyer is willing to pay in the end. Business owners should consider these things before they even talk about a possible sale. How good the data is If your i...