Practice for Sale
Offer Accepted
#23-434
Offering
RIA
Type
Colorado
Location
$1,200,000
Asking Price
About This Opportunity
This fee-only RIA in Colorado provides investment management, retirement, tax planning, and tax preparation services to its 14 client households. Several of these client households, including the largest, have multigenerational planning. In 2022, this practice generated $428,284.00 in gross revenues from managing approximately $43 million in assets. The seller is looking to retire after the clients have been comfortably transitioned to the new firm.
The ideal acquisition partner would be an RIA/CPA firm in Colorado with a proven track record of providing comprehensive investment, complex tax advice, high-level tax planning, and tax preparation.
$43,308,000
Assets
$428,285
Revenue
Null%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

S Corp
Form of Ownership

1
Owners

0
Full-time Employees

1
Licensed Professionals

CPA
PFS
Designations

Charles Schwab
Custodians
Household Servicing

14
Households

In Person
Locally
Video Conferencing
Client Servicing

High Net Worth
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

In-House
In-House v. Outsourced

Custom
Model v. Custom

Active
Active v. Passive
Tech Stack

None
CRM

None
Financial Planning

Portfolio Center
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
RIA
CPA
Location
Local
Client Servicing
In Person
Locally
Video Conferencing
Designations
CPA
Service Offerings
Tax Guidance
Tax Prep
Wealth Management
Other
Investment Vehicles
ETFs
Mutual Funds
Bonds
Investment Strategies
Active
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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