We have a new opportunity for Independent Financial Advisers based in Asia who are looking for an exit strategy. Our Client is acquiring books of business across Asia.
The Company
Our Client is
headquartered in Singapore and provides independent financial advice to HNW Clients
across Asia. Their dedicated, high quality wealth management service provides
Clients with comprehensive advice on investments, insurance and tax planning. The company has licenses and product provider agreements in place to offer qualified and transparent advice to their Clients.
They are now expanding their business in Asia and are looking to agree practice buy outs (PBOs) with experienced financial advisers with client books who are either looking to move to a different location or possibly leave the industry. This is an ideal opportunity for advisers who want to realise a monetary value for the business they have built.
Locations - Our Client is seeking to agree
PBOs with Financial Advisers based across Asia, but, in particular:
- Malaysia
- Thailand
- China
- Vietnam
- Indonesia
- Philippines
- Cambodia
Candidate
Profile - Financial Advisers:
- Established
in Asia, preferably with at least 3+ years working as an adviser
- Existing
FUM of USD $4M or more
- Must
deal primarily with pensions and lump sum business (not regular premiums)
- Independent
or part of a brokerage
Financial Adviser PBO:
- Valuation
based on multiples of annual recurring income
- Guaranteed
payments in stages, to be agreed with our Client
- Clients to be managed
through a coordinated transition and ongoing management by Singapore MAS
qualified advisers, ensuring advisers can exit their business, confident
in the knowledge that their loyal client base will continue to receive an
excellent standard of service.
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