Practice for Sale
Offer Accepted
#23-435
Offering
Hybrid
Type
Northeast
Location
Negotiable
Asking Price
About This Opportunity
This planning-focused hybrid RIA provides its 316 client households with financial, tax, and estate planning services, investment management, and insurance. This firm’s investment strategy is focused on goal-oriented management through tactical and strategic asset allocation. Client portfolios are individualized to each client’s specific needs and circumstances. This firm’s trailing 12-month revenue is over $1.6 million, 99% of which is from managing approximately $180,000,000 in assets with the remaining from financial planning fees, mutual funds, and insurance. This is an excellent acquisition opportunity for a firm looking to establish or expand its footprint in the Northeast.
The ideal acquisition partner for this RIA is a client-centric, planning-focused firm with a track record of providing a similar service offering. This is a Sell and Stay® opportunity with the firm’s principal seeking a glide path to retirement and staff seeking meaningful employment with the acquiring firm.
$180,000,000
Assets
$1,713,318
Revenue
36%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

LLC
Form of Ownership

1
Owners

2
Full-time Employees

2
Licensed Professionals

CFP
Other
Designations

Charles Schwab
Custodians
Household Servicing

316
Households

In Office
Video Conferencing
Phone
Client Servicing

Mass Affluent
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

Both
In-House v. Outsourced

Capacity for Both
Model v. Custom

Capacity for Both
Active v. Passive
Tech Stack

Redtail
CRM

MoneyGuide Pro
Financial Planning

Envestnet/Tamarac
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
RIA
Location
Regional
Client Servicing
In Office
Video Conferencing
Phone
Designations
CFP
CPA
Enrolled Agent
Service Offerings
Estate Planning
Financial Planning
Tax Guidance
Investment Vehicles
ETFs
Mutual Funds
SMAs
Investment Strategies
Passive
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.
Founder(s)
Licensed Professional(s)
Support Staff
Office Space
Next Steps

Express Interest
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