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