Practice for Sale

Interviewing Finalists

#23-452

Offering

RIA

Type

Scottsdale, AZ

Location

Negotiable

Asking Price

About This Opportunity

This RIA practice serves 40 client households and generates over $250,000 in yearly recurring revenue. This practice is focused on providing its clients, most of whom are in Arizona, with high-touch planning and wealth-building advisory services.

The principal of this practice is seeking to retire. There are two staff members that would like to remain with the acquiring firm post-sale. Also, this practice has two IARs with their own clients that may also be interested in working with the acquiring firm post-sale.

$28,000,000

Assets

$261,206

Revenue

30%

Expenses

Firm Snapshot

Form of Ownership

LLC

Form of Ownership

Owners

1

Owners

Full-time Emloyees

2

Full-time Employees

Licensed Professionals

2

Licensed Professionals

Custodians

TD Ameritrade
Charles Schwab

Custodians

Household Servicing

Households

30

Households

Client Servicing

Video Conferencing
Remote
Phone

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

Both

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

RightCapital

Financial Planning

Portfolio Management

Orion

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

RIA
Insurance

Location

National

Client Servicing

Video Conferencing
Remote
Phone

Service Offerings

Estate Planning
Financial Planning
Insurance Guidance
Wealth Management
Other

Investment Vehicles

Alternative Investments
Individual Securities
ETFs
Mutual Funds
Bonds
Cash Management
SMAs

Investment Strategies

Passive

Retention Info 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.

Licensed Professional(s)
Support Staff

Next Steps

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