Practice for Sale
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.
Form of Ownership
Shareholders Service Group
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
Vanguard Portfolio Analytics