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

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Designations

AAMS
CFP
Other

Designations

Custodians

Charles Schwab

Custodians

Household Servicing

Households

522

Households

Client Servicing

In Office
In Person
Video Conferencing

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

In-House

In-House v. Outsourced

Model v. Custom

Capacity for Both

Model v. Custom

Active v. Passive

Active

Active v. Passive

Tech Stack

CRM

Redtail

CRM

Financial Planning

MoneyGuide Pro

Financial Planning

Portfolio Management

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 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.

Principals
Licensed Professional(s)
Support Staff
Office Space

Next Steps

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