Financial Advisor & IFA Valuation

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Typical Valuation for a Financial Advisor / IFA Business

MetricTypical Range
EBITDA Multiple5.0-8.0×
EBITDA Margin30-50%

Market Overview

IFA businesses typically sell for 3.0-4.5× recurring turnover (or 5.0-8.0× EBITDA) in the UK market. Unlike most industries, IFAs are often valued on turnover multiples due to predictable revenue streams. The range reflects trail commission percentage (ongoing fees from existing clients), client retention, compliance quality, and succession readiness. Key differentiators include recurring revenue (70%+ ideal), client demographics (age, wealth), FCA compliance record, adviser qualifications (Chartered, CFP), and systems/technology. Consolidators (Succession, Muckle, Aviva, Quilter) actively acquire established practices. Client banks under £20m typically appeal to individual buyers; £20-100m attract consolidators.

How to Value a Financial Advisor / IFA Business

The standard methodology for valuing a financial advisor / ifa business in the UK is EBITDA-based. A buyer will calculate your Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) and apply a multiple based on sector benchmarks, business quality, and growth prospects. For financial advisor / ifa businesses, that multiple typically ranges from 5.0-8.0×.

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