This fee-only RIA practice based in the Seattle metro area offers comprehensive financial planning and portfolio management to its 71 client households. The practice has a strong and stable client base with an average client tenure of over 16 years. This practice’s 2020 gross revenue was approximately $135,000 from managing just over $20 million in client assets on a discretionary basis.
The ideal acquisition partner for this practice would be an established RIA that custodies at TD Ameritrade or Schwab. The seller would prefer that the buyer have a CFP® on staff. The buyer should also have or be willing to establish a local office presence in the Seattle area and provide the clients the same level of welcoming, personalized service they have come to expect.