This Pacific Northwest-based IAR/RR offers its clients holistic financial and insurance planning and investment management services. This practice has over 400 fee households with an average client tenure of 18 years. The 2022 revenue for this practice was $2,543,966, with approximately 84% of this revenue from fee income with the remaining 16% of income from mutual fund commissions and insurance sales mainly consisting of life, disability, long-term care, and group health insurance.
The ideal acquisition partner for this practice would be a well-established firm that has a client-first/centric mentality and a current presence, or the desire to establish a presence, in the Pacific Northwest. The seller is looking for a partner firm that would provide the practice’s staff of 8 with meaningful employment post-transaction and provide the seller with a 3-5 year glide path to retirement.
