This hybrid RIA services 95 client households that are largely based throughout California. This practice utilizes active investment strategies and tax-efficient portfolio management using separate portfolio managers to assist clients in maximizing current wealth and the transfer of wealth to future generations. Investment management is implemented with separate accounts, co-mingled accounts, mutual funds, and exchange traded funds. They provide highly sophisticated estate planning services, including generation-skipping transfers, defective grantor trusts, and charitable remainder trusts. In 2022, this practice generated roughly $1.57 million in gross revenues from managing $187 million in assets. This is a Sell and Stay® opportunity as the practice’s principal is looking for a 3-4-year glide path to retirement.
The ideal acquisition partner for this practice would be a well-established RIA or Hybrid RIA firm that deploys similar investment and estate planning strategies and is willing to maintain the current office space located near the City of Industry. This practice has two experienced staff members, including one who is licensed and holds their CFP, who are both seeking meaningful employment with the acquiring firm.
