Regional North East Victoria (ID#151)

Long established rural practice with excellent reputation and little local-based competition. Stable fees and strong profitability, with a loyal mix of mainly business clients that are financially secure. Financial planning fees are predominantly based on Statements of Advice and average c. $1,800 per client. The Vendor is supported by a capable team with strong client relationships. Opportunities to further grow the practice exist through more proactive marketing, offering business advisory and taxation planning strategies, as well as streamlining operations. The practice’s success has been built on providing high quality advice to rural people, whether they be operating a farming business, a rural services business or just working or living in the rural area, and the Purchaser should have the right cultural fit and capability to continue this on.

Reason for sale: The vendor is looking to retire.