This Texas-based RIA firm is focused on being the financial quarterback for its clients via a full range of specialized services and a proactive, hands-on approach to the management of each client’s total wealth. The firm manages more than $375,000,000 for just over 100 high net worth client households that have an average tenure with the firm of 13 years. Trailing 12 months revenue for this firm is approximately $1,600,000.
The ideal buyer would be a larger RIA firm that has a strong planning focus and provides clients with a high-touch comprehensive wealth management experience. A buyer with a high technological proficiency and a working knowledge of Orion and eMoney is desirable. The buyer must also be willing to retain, post-sale, the firm’s minority partner, who is a CFP®, and the firm’s five highly skilled staff members. The firm would also prefer that the buyer retain its current office location for at least four years.