This Northern D.C. metro area fee-only RIA is focused on providing its 49 households with goal-based comprehensive financial planning and portfolio management, including tax and estate planning assistance. Trailing 12 months’ gross revenue for this practice is approximately $445,000 on assets of $71.5 million.
The preferred buyer would be a fee-only RIA with a mature business vision and a high-touch family office style service model that uses Schwab as their primary custodian. This is a Sell and Stay® opportunity as one of the practice’s principals and a employee seek to remain with the acquiring firm post-sale. The remaining principal is a highly-qualified CFA with a 20-year tenure with the practice. The employee has a 30-year tenure with the practice and provides invaluable employee and client support.