Practice for Sale
Interviewing Finalists
#23-453
Offering
RIA
Type
Midwest
Location
Negotiable
Asking Price
About This Opportunity
This Midwest fee-only RIA firm focuses on providing its 522 client households with personalized financial planning and investment management services. This firm’s portfolios are actively managed with multi-asset allocations, including through the use of individual stocks, ETFs, mutual funds, bonds, options, and private placements. Trailing 12-month revenue for this firm is $3,610,000 from managing approximately $600 million in assets.
This is a Sell and Stay® opportunity with the firm seeking an acquisition/merger partner that can, among other things, provide back office and other operational efficiencies. The ideal partner firm would deploy a similar actively managed investment strategy and provide clients with access to alternative investment opportunities.
$600,000,000
Assets
$3,610,000
Revenue
45%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

S Corp
Form of Ownership

Null
Owners

Null
Full-time Employees

Null
Licensed Professionals

AAMS
CFP
Other
Designations

Charles Schwab
Custodians
Household Servicing

522
Households

In Office
In Person
Video Conferencing
Client Servicing

Mass Affluent
High Net Worth
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

Capacity for Both
Model v. Custom

Active
Active v. Passive
Tech Stack

Redtail
CRM

MoneyGuide Pro
Financial Planning

Tamarac
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
RIA
Fee-Only
Insurance
Location
Regional
National
Client Servicing
In Office
In Person
Video Conferencing
Designations
AAMS
CFP
Other
Service Offerings
Estate Planning Guidance
Financial Planning
Insurance Guidance
Tax Guidance
Wealth Management
Investment Vehicles
Alternative Investments
Individual Securities
ETFs
Mutual Funds
Bonds
Options
Investment Strategies
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.
Principals
Licensed Professional(s)
Support Staff
Office Space
Next Steps

Express Interest
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