This RIA serves as an ERISA fiduciary for 11 corporate clients with a national footprint. The practice leverages tested funds and strategies to manage the corporate retirement accounts on a discretionary basis. The practice’s trailing 12-month revenue was $425,000 from managing approximately $125 million in assets.
The ideal acquisition partner for this practice would be a firm that has experience in retirement plan consulting and investment advisory. The seller would prefer the buyer have either a CFP® or CFA® on staff. There are no employees to be retained and the seller is looking to exit after assisting with the transition of the client relationships.