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

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Owners

1

Owners

Full-time Emloyees

1

Full-time Employees

Licensed Professionals

1

Licensed Professionals

Designations

CFP
CPA
PFS

Designations

Custodians

Charles Schwab

Custodians

Household Servicing

Households

47

Households

Client Servicing

In Person
Video Conferencing
Phone

Client Servicing

Client Base

High Net Worth
Corporate/Institutional

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

Custom

Model v. Custom

Active v. Passive

Capacity for Both

Active v. Passive

Tech Stack

CRM

None

CRM

Financial Planning

Sunguard Systems

Financial Planning

Portfolio Management

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

Next Steps

Express Interest

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