Partial Book Sale

Accepting Inquiries

#23-433

Offering

RIA

Type

Maine

Location

$725,000

Asking Price

About This Opportunity

This fee-only RIA based in Maine is looking to transition 263 of its client households, most of which are concentrated in Maine. These clients generate approximately $240,000 in recurring gross revenue from $29 million in assets.

The ideal buyer for these client relationships would be a well-established, fee-only, comprehensive financial planning firm that has a client-centric service model and a local presence. The seller is seeking a buyer that is a true fiduciary to its clients and has a CFP on staff.

$28,881,210

Assets

$238,478

Revenue

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Owners

1

Owners

Full-time Emloyees

4

Full-time Employees

Licensed Professionals

3

Licensed Professionals

Designations

AIF
CFA
CFP
Other

Designations

Custodians

TD Ameritrade
Other

Custodians

Household Servicing

Households

263

Households

Client Servicing

In Office
In Person
Phone

Client Servicing

Client Base

Mass Affluent

Client Base Info 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

In-House v. Outsourced

In-House

In-House v. Outsourced

Model v. Custom

Capacity for Both

Model v. Custom

Active v. Passive

Capacity for Both

Active v. Passive

Tech Stack

CRM

Redtail

CRM

Financial Planning

MoneyGuide Elite

Financial Planning

Portfolio Management

Black Diamond

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

RIA
Fee-Only

Location

Local

Client Servicing

In Office
In Person
Phone

Designations

CFP

Service Offerings

Financial Planning

Investment Vehicles

Individual Securities
ETFs
Mutual Funds

Investment Strategies

Passive

Next Steps

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