Practice for Sale
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.
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
Model v. Custom
Capacity for Both
Active v. Passive