Practice for Sale

Interviewing Finalists

#23-446

Offering

RIA

Type

Eastern Pennsylvania

Location

$825,000

Asking Price

About This Opportunity

This Northeastern Pennsylvania fee-only RIA is focused on comprehensive financial planning and asset management for its 23 client households. This RIA currently manages approximately $35 million in assets generating $290,000 in annual revenue.

This RIA was started as part of a CPA firm, so the ideal partner must be a well-established fee-only RIA with a strong tax planning focus. The principal of this RIA is looking to assist through the client transition with a planned retirement by year’s end.

$34,704,700

Assets

$290,000

Revenue

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Owners

1

Owners

Full-time Emloyees

0

Full-time Employees

Licensed Professionals

1

Licensed Professionals

Designations

CFP
CPA
PFS

Designations

Custodians

TD Ameritrade
Charles Schwab
Shareholders Service Group

Custodians

Household Servicing

Households

24

Households

Client Servicing

In Person
Video Conferencing
Remote

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

Outsourced

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

MGP

Financial Planning

Portfolio Management

Vanguard Portfolio Analytics

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

Fee-Only

Location

Local
Regional

Client Servicing

In Person
Video Conferencing
Remote

Designations

CFP
CPA

Service Offerings

Financial Planning
Tax Guidance
Wealth Management

Investment Vehicles

Individual Securities
ETFs
Mutual Funds

Investment Strategies

Passive

Next Steps

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