Located in North Carolina, this RIA is dedicated to providing clients with customized retirement planning and proprietary tactical “risk-management” strategies. With a majority of its clients near or in retirement, conservation of client funds is a key investment philosophy for this practice. The practice generates annual revenues of approximately $710,711, 50% from fees for managing AUM and the remainder primarily from fixed and fixed-indexed annuity commissions.
The preferred buyer would be a well-established RIA willing to retain three employees, including one Series 65-licensed advisor (also a CFP-in-training), one full-time client service assistant, and one part-time support staff member. The preferred buyer would also have at least one advisor available to support the remaining advisor in ongoing educational marketing for new clients. Seller intends to remain with the acquiring firm as a licensed consultant to assist in the transfer of clients, and to conduct educational workshops with the remaining advisor to raise new AUM and agency business (for one year or more if jointly agreeable).
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