Practice for Sale
Accepting Inquiries
#22-413
Offering
Hybrid
Type
Tampa Bay, Florida
Location
Negotiable
Asking Price
About This Opportunity
This RIA/RR practice in the Tampa Bay area is focused on providing its 476 client households, many of which are multi-generational, with comprehensive goal-based planning, investment management, insurance, tax, and estate planning services. This firm generated approximately $2.65 million in recurring trailing 12-month gross revenues. 74% of the revenue was from managing roughly $205 million in assets with the remaining 26% generated from trails from mutual funds, variable annuities, and insurance sales.
The ideal acquisition partner for this firm would be a well-established, professional firm that offers a similar client experience and is willing to maintain the current office space. This firm has 5 experienced staff members, including two CFPs and a CFA, who are seeking meaningful employment with the acquisition partner firm. With its turn-key infrastructure, available office space, and well-qualified staff, this is an excellent opportunity for a firm seeking to establish a branch office in the Tampa Bay area.
$287,143,000
Assets
$2,654,335
Revenue
Null%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

S Corp
Form of Ownership

1
Owners

6
Full-time Employees

5
Licensed Professionals

Null
Designations

Null
Custodians
Household Servicing

476
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

Null
Model v. Custom

Null
Active v. Passive
Tech Stack

Redtail
CRM

Null
Financial Planning

BD/Custodial Platform
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
Null
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.
Null
Next Steps

Express Interest
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