Practice for Sale
Offer Accepted
#23-451
Offering
RIA
Type
Southeastern Pennsylvania
Location
$1,000,000
Asking Price
About This Opportunity
This fee-only RIA based in the Southeastern Pennsylvania area provides comprehensive financial planning and discretionary investment advisory services to 47 client households. In 2022, this well-established firm generated approximately $343,000 in recurring gross revenue from managing $54 million in assets.
The ideal acquisition partner for this practice would be a planning-focused, fee-only RIA with at least one CFP on staff. The seller is interested in connecting with firms that have a proven track record of exceeding client expectations and a clean compliance history. This is a traditional sale with the sole owner seeking retirement after the client relationships have been successfully transitioned to the acquiring firm.
$54,000,000
Assets
$347,000
Revenue
36%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

S Corp
Form of Ownership

1
Owners

1
Full-time Employees

1
Licensed Professionals

CFP
CPA
PFS
Designations

Charles Schwab
Custodians
Household Servicing

47
Households

In Person
Video Conferencing
Phone
Client Servicing

High Net Worth
Corporate/Institutional
Client Base
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
In-House v. Outsourced

Custom
Model v. Custom

Capacity for Both
Active v. Passive
Tech Stack

None
CRM

Sunguard Systems
Financial Planning

Portfolio Center
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
Fee-Only
Location
Regional
Client Servicing
In Person
Video Conferencing
Phone
Designations
CFP
Service Offerings
Financial Planning
Tax Guidance
Wealth Management
Investment Vehicles
Mutual Funds
Bonds
Investment Strategies
Passive
Active
Retention
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.
Null
Next Steps

Express Interest
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