Atlas Intelligence · Institutional Diagnostics

Commission a Firm-Level Continuity Diagnostic

IC-ready analysis of adviser continuity pressure, earnings durability sensitivity, and post-acquisition mobility risk.

Initiate engagement atlas@amc-ltd.uk

The gap standard due diligence does not fill

Acquisition due diligence in wealth management is well-established across financial, legal, and regulatory workstreams. The adviser population is not. Advisers are the primary revenue-generating asset in most wealth management businesses — yet their continuity risk is typically assessed through management interviews and retention contract review, not independent analysis.

Atlas fills this gap. A firm-level continuity diagnostic provides an independent, data-grounded assessment of the conditions under which adviser population decisions are forming — before those decisions become visible in attrition data, revenue decline, or post-close impairment.

Output is designed for IC use. It is not a consulting recommendation. It is an intelligence layer that informs the deal team's own judgement.

Independent of management narrative
Grounded in FCA data and market intelligence
Comparable across the monitored universe
Formatted for IC and board presentation
Produced without management contact or disclosure
Available pre-exclusivity and pre-bid
01 Engagement types
01

Target Screening

Pre-Transaction

An initial-pass continuity assessment for a named target. Delivered within 48 hours. Designed for early-stage deal evaluation where a full diagnostic is not yet warranted but continuity risk must be flagged to the IC before indicative terms are set.

Delivery 48 hours from instruction

Suitable for pipeline screening where multiple targets are under review simultaneously.

Deliverable outputs
Single-page Atlas Continuity Grade with score context
Signal category summary — which risk types are active
Adviser population size and high-risk cohort estimate
Comparable firm benchmarking within the monitored universe
02

Due Diligence Diagnostic

Pre-Acquisition

A full firm-level Firm Vulnerability Index™ engagement designed to sit alongside financial and legal DD. Output is IC-ready and formatted for inclusion in deal documentation.

Delivery 5 working days from instruction

Designed for PE deal teams, wealth management acquirers, and M&A advisers conducting full acquisition due diligence.

Deliverable outputs
Full Atlas Continuity Score with historical series
Firm Vulnerability Index™ — earnings durability sensitivity under attrition scenarios
Adviser population segmentation by portability risk and tenure
Departure timing window analysis — 6, 12, and 24-month forward projections
Post-close revenue retention probability estimate
Structural and behavioural risk narrative with sourcing
03

Portfolio Monitoring

Post-Acquisition

Ongoing continuity monitoring for firms within a managed portfolio. Delivered as a recurring quarterly or monthly engagement, with ad hoc alerts triggered by material index movements.

Delivery Ongoing — monthly or quarterly cadence

Recommended for PE funds holding two or more wealth management platform investments.

Deliverable outputs
Monthly or quarterly continuity score update for each monitored firm
Signal trend analysis — improving, stable, or deteriorating
Comparison against index peers at equivalent AUM and adviser scale
Early-warning alerts triggered by threshold-level score movements
Annual FVI recalibration incorporating post-acquisition integration data
04

Live Event Monitoring

Event-Driven

Rapid-response monitoring activated by a specific market event — a leadership departure, PE sale announcement, regulatory action, or competitor hiring surge. Provides a real-time read of continuity implications for a named firm or peer set.

Delivery 24 hours from instruction

Suitable for wealth management CEOs and M&A teams responding to a specific market development.

Deliverable outputs
Event-driven signal assessment within 24 hours of instruction
Assessment of likely adviser population response within a defined forward window
Competitor positioning analysis — which firms benefit from the event
Recommended monitoring posture — heightened, standard, or watch-and-hold

02 Sample diagnostic output Illustrative — not real firm data
Sample diagnostic summary · Illustrative

The following illustrates the format of a Due Diligence Diagnostic output. Firm name, scores, and specifics are demonstrative only.

Atlas Continuity Score
38 / BBB
Elevated tier — active signals across two signal categories
Adviser population at risk
~18%
Estimated proportion within the departure-proximate cohort
Primary risk category
Structural
Dominant signal type driving the current score
Departure timing window
Months 6–18
Highest-probability forward period for material population movement
Revenue retention estimate
74–82%
Probability-weighted range under central attrition scenario
FVI rating
Moderate
Earnings durability impaired but not severely compromised under baseline assumptions
Atlas analyst assessment · Illustrative

The target presents a BBB-grade continuity profile with elevated structural and ownership signals. The primary risk concentration sits within the senior adviser cohort — those with ten or more years' tenure and established client relationships representing a meaningful proportion of recurring revenue. The ownership transition currently in progress is introducing environmental pressure that, in Atlas data, has historically preceded material adviser population movement within 12–18 months.

Under the central attrition scenario, we estimate revenue retention of 74–82% in the 24 months post-close. This range narrows materially with effective retention programme deployment in months 1–6 post-acquisition. The IC should treat adviser retention as a primary value-creation lever, not a supporting assumption.


03 Engagement scenarios
PE fund, pre-acquisition
Context

A mid-market PE fund is evaluating a secondary acquisition of a UK wealth management consolidator with £4.8bn AUM. Standard financial DD is underway but adviser population risk has not been assessed. The target has recently promoted a new CEO from outside the industry.

Instruction

Commission a Due Diligence Diagnostic for the target. Delivered in five working days. Output incorporated into IC paper alongside financial and legal DD.

Outcome

The diagnostic identifies a 34-point score and a concentrated departure risk window in months 9–14 post-close. Retention modelling is included in the IC recommendation.

Consolidator board, portfolio review
Context

A listed wealth management consolidator holds equity stakes in seven acquired advisory firms at various post-acquisition integration stages. The board requires a consistent, comparable read of continuity risk across the portfolio ahead of the annual strategic review.

Instruction

Commission Portfolio Monitoring across all seven firms. Quarterly updates delivered four weeks before each board meeting.

Outcome

The board receives a single-page portfolio continuity matrix at each review. Two firms are flagged for enhanced engagement in Q3.

M&A adviser, competitive intelligence
Context

An M&A adviser is running a sell-side mandate for a financial planning firm fielding interest from three strategic acquirers. The adviser requires a read on the continuity risk profile of each potential acquirer to assess which buyer poses the greatest integration risk to the target's adviser population.

Instruction

Commission Target Screening for all three potential acquirers. 48-hour turnaround.

Outcome

One acquirer is identified as carrying elevated continuity risk within its existing platform — intelligence that informs counterparty selection.


04 Initiate an engagement

Commission a diagnostic

All engagements begin with a brief written instruction. No NDA is required to receive an initial proposal. Engagements are priced individually based on scope, urgency, and the number of firms under assessment.

Target Screening
48 hours
From £1,500
Due Diligence Diagnostic
5 working days
From £7,500
Portfolio Monitoring
Quarterly / monthly
Subscription — POA
Live Event Monitoring
24 hours
From £3,000

Pricing is indicative. All fees confirmed in writing before commencement. No upfront payment required to receive an initial proposal.

Engagement enquiry
Submit engagement enquiry

Or contact directly: atlas@amc-ltd.uk · Response within one working day

Confidential

All engagement enquiries are treated as strictly confidential. Atlas does not disclose client relationships, target identities, or engagement details. Diagnostics are produced without contact with the subject firm. Engagement terms are confirmed in a formal letter of engagement prior to commencement.