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

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Owners

1

Owners

Full-time Emloyees

0

Full-time Employees

Licensed Professionals

1

Licensed Professionals

Designations

CPA
PFS

Designations

Custodians

Charles Schwab

Custodians

Household Servicing

Households

14

Households

Client Servicing

In Person
Locally
Video Conferencing

Client Servicing

Client Base

High Net Worth

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

Custom

Model v. Custom

Active v. Passive

Active

Active v. Passive

Tech Stack

CRM

None

CRM

Financial Planning

None

Financial Planning

Portfolio Management

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

Next Steps

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