This RIA/RR hybrid practice is located in the San Diego, CA area. With approximately 40 high net worth clients, this practice is results-oriented and focused on delivering exceptional family office-style service. This practice has many tools in its tool chest including its proprietary planning software. Trailing 12 months revenue for this practice is $919,407 on $250 million in assets, 91% of which is recurring ($296,379 in third-party managed assets and $539,000 in flat-fee annual retainers) with an additional $84,028 in commission-based income.
Seeking a Sell and Stay® acquisition partner, this practice offers the right buyer turn-key, state of the art family wealth specialty capabilities. The proprietary planning software is not part of the acquisition, but will be made available to the acquiring firm. All current staff members hold the Certified Financial Planner® designation.