This RR/IAR practice in Montgomery County, Maryland, is focused on building a trusted relationship and improving the financial health of each of its 57 client households. With trailing 12 months revenue of $375,983, of which $301,507 is from managing approximately $27 million in fee-based assets, this practice would make a great tuck-in acquisition for a firm with a presence in the Washington, D.C. area.
The ideal buyer would have a similar client-first firm culture and excellent customer service. The buyer must have a Certified Financial Planner® on staff and insurance-licensed capabilities. Office space may be available if needed (lease currently extends through March of 2021).