This Chicago-based fee-only RIA provides its clients with a full range of specialized services and a proactive, high-touch approach to the management of each client’s total wealth. This RIA generated approximately $819,000 in revenue over the last 12 months from managing more than $111 million in assets under advisory for 74 client households.
An ideal acquisition partner for this practice would be a well-established and tech-savvy RIA with a deep bench that offers a holistic suite of services including comprehensive financial planning, tax planning and tax preparation. The sellers would prefer that their acquisition partner have, or be willing to establish, a local presence. This is a Sell and Stay® opportunity with one of the principals seeking a glide path to retirement and the practice’s staff looking for meaningful employment with the partner firm post-sale.