Practice for Sale

Accepting Inquiries

#23-440

Offering

RIA

Type

Western US

Location

Negotiable

Asking Price

About This Opportunity

This Western US RIA is fee-only and utilizes a proprietary model to provide its approximately 550 client households with best-in-class investment management and retirement planning, including legacy, estate, and tax planning. This firm mainly focuses on model portfolios comprised of ETFs and mutual funds to manage approximately $550 million in assets, generating trailing 12-month revenues of nearly $5.3 million.

The ideal acquisition partner for this firm is a client-centric, retirement planning-focused RIA. This is a Sell and Stay® opportunity with the firm’s principal seeking a glide path to retirement and the other partners and staff seeking meaningful employment with the acquiring firm. The desired partner firm would be open to offering equity participation to the firm’s partners and some of the firm’s key team members.

$550,000,000

Assets

$5,300,000

Revenue

44%

Expenses

Firm Snapshot

Form of Ownership

LLC

Form of Ownership

Designations

CFP
Other

Designations

Custodians

Charles Schwab
Other

Custodians

Household Servicing

Households

550

Households

Client Servicing

In Office
Video Conferencing

Client Servicing

Client Base

Mass Affluent
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

Capacity for Both

Model v. Custom

Active v. Passive

Passive

Active v. Passive

Tech Stack

CRM

Redtail

CRM

Financial Planning

Proprietary

Financial Planning

Portfolio Management

Orion Advisor Desktop

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

RIA
Fee-Only

Location

Local
Regional
National

Client Servicing

In Office
Video Conferencing

Designations

CFP

Service Offerings

Estate Planning
Estate Planning Guidance
Financial Planning
Wealth Management

Investment Vehicles

ETFs
Mutual Funds

Investment Strategies

Passive

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.

Founder(s)
Licensed Professional(s)
Support Staff
Office Space

Next Steps

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