This RIA in Tennessee offers personalized financial and estate planning and wealth management services to its 145 clients. This practice utilizes active management investment strategies primarily using bonds, individual securities, ETFs, and mutual funds. Over the last 12 months, this practice generated nearly $768,245 in gross revenues from managing approximately $111 million in assets.
The ideal acquisition partner for this practice would be an RIA that provides financial and estate planning, insurance guidance/sales, and wealth management to its clients and has a strong background in tax. The ideal partner should plan to maintain the seller’s current office location. This is a Sell and Stay® opportunity with the practice’s principal seeking a 2–3-year glide path to retirement. The practice’s support staff member also seeks meaningful employment with the acquiring partner firm post-sale.
