Loyal North is a new and exciting development in the IFA acquisition market. Unlike many acquirers who are simply looking to buy assets, we prefer to buy into a business and partner with them to help grow and develop together.
We are focused on IFAs who are planning to retire or exit the industry over the next 3 to 5 years or so, who want to partner with a firm to ensure the best transition for their clients and for them.
However, if an IFA is looking for a ‘quick sale and exit’ then we can look at alternative solutions allowing the business to join an existing firm within the group facilitating a quicker exit.
The long-term strategy of Loyal North is to focus on growing the business solely through acquisition of local IFA practices.
Loyal North plans to obtain the majority share of up to 20 businesses over the next two years, which we plan to grow further through our unique marketing initiatives and marketing support.
We will invest into businesses looking for a more personal experience, with a long-term partnership opportunity. Loyal North’s culture allows IFAs to maintain their individual independent trading style, staff and premises, and we deem this as essential to our approach.