This Dallas, Texas RIA is focused on developing financial plans to help its diverse client base meet their short and long-term financial goals. The practice’s principal takes pride in being able to explain complex financial strategies to clients clearly and concisely without using confusing financial jargon. In 2018, this practice generated $151,613 in revenue; $128,393 from just over $11 million in assets, $14,228 from third-party managed assets, and $7,089 from financial planning. The majority of the 27 client households are located in the Dallas area, and have been with the practice for an average of 20 years.
The preferred buyer would be a well-established RIA that already has a presence in the Dallas area, as most of the practice’s clients prefer in-person meetings at least annually. The preferred buyer would also use TD Ameritrade as their custodian, and have at least one staff member with the Certified Financial Planner™ designation.
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