Practice for Sale
Offer Accepted
#22-395
Offering
IAR/RR
Type
Washington DC Suburbs
Location
$3,750,000
Asking Price
About This Opportunity
This Washington D.C. Suburbs based RR/IAR practice is a deep relationship, high touch firm focused on comprehensive financial and life planning for their 362 client households. The practice generated over $1,300,000 in trailing 12-month revenue, 86% of that revenue comes from managing over $103 million in AUM, 12% mostly from mutual funds and variable annuities, 1% from life insurance, and 1% from hourly financial planning.
The ideal acquisition partner for this practice is a firm that leads with financial planning and has a proven track record of providing clients with tailored wealth management solutions. The principal of this practice is looking to help an acquiring firm successfully transition clients over an agreed upon time period before moving into retirement. This practice has three full time employees that would like meaningful employment with the acquiring firm post sale.
$130,627,000
Assets
$1,358,823
Revenue
Null%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

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Form of Ownership

1
Owners

3
Full-time Employees

Null
Licensed Professionals

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Designations

Null
Custodians
Household Servicing

362
Households

Null
Client Servicing

Null
Client Base
Types of clients that this firm services segmented based on type or assets.
Mass Affluent - $0 to $999,999
High Net Worth - $1,000,000 to $29,999,999
Ultra High Net Worth - $30,000,000+
Corporate/Institutional - Business entities (often through 401(k)s)
Portfolio Management

Null
In-House v. Outsourced

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Model v. Custom

Null
Active v. Passive
Tech Stack

Null
CRM

Right Capital
Financial Planning

Null
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
Null
Location
Null
Client Servicing
Null
Designations
Null
Service Offerings
Null
Investment Vehicles
Null
Investment Strategies
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Retention
These are the elements of the existing firm that a potential acquisition partner should be prepared to discuss retaining and integrating as a part of the transition.
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Next Steps

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