Practice for Sale

Accepting Inquiries

#23-437

Offering

RIA

Type

Nashville, TN

Location

$2,000,000

Asking Price

About This Opportunity

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.

$110,678,418

Assets

$768,245

Revenue

Firm Snapshot

Form of Ownership

LLC

Form of Ownership

Owners

1

Owners

Full-time Emloyees

1

Full-time Employees

Licensed Professionals

1

Licensed Professionals

Designations

CFP
CPA

Designations

Custodians

TD Ameritrade

Custodians

Household Servicing

Households

145

Households

Client Servicing

In Person
In Home
Video Conferencing

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

Model

Model v. Custom

Active v. Passive

Active

Active v. Passive

Tech Stack

CRM

Junxure

CRM

Financial Planning

Emoney

Financial Planning

Portfolio Management

Advyzon

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

RIA

Location

Local

Client Servicing

In Person
In Home
Video Conferencing

Designations

CFP
CPA
Enrolled Agent

Service Offerings

Estate Planning
Estate Planning Guidance
Financial Planning
Insurance Guidance
Insurance Sales
Tax Guidance
Tax Prep
Wealth Management

Investment Vehicles

Individual Securities
ETFs
Mutual Funds
Bonds

Investment Strategies

Active

Retention Info 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.

Support Staff

Next Steps

Express Interest

Express Interest

Click below to express your interest in this opportunity by filling out a short form.

Join Our List

Get more #FPInsights delivered straight to your inbox.