Practice for Sale
About This Opportunity
This planning-focused, fee-only RIA based in New Jersey services clients throughout the Northeast. This firm provides its 84 client households with financial planning and wealth management services. In 2022, they generated $510,000 from managing $71 million in assets and one-time financial planning fees.
An ideal acquisition partner for this firm would be a well-established RIA with a planning focus and may have a CFP on staff. While the principal of this RIA is looking forward to retiring after transitioning the client relationships, the junior planner is open to continuing on with the acquiring firm.
Form of Ownership
High Net Worth
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)
In-House v. Outsourced
Capacity for Both
Model v. Custom
Active v. Passive