This upstate New York-based RIA is focused on providing its 180 households with bespoke active asset management. This RIA is hyper-focused on maximizing each client’s investment returns while minimizing their risk. In 2022, this RIA generated approximately $1,790,000 in gross revenue from actively managing more than $950 million in client assets.
The acquisition partner for this firm must be a well-established RIA firm with an active management investment philosophy, a commitment to providing exceptional high-touch client service, and experience with institutional clients. The partner firm should also have a CFA® and other experienced, well-credentialed advisors on staff and be willing to retain 3 of the RIA’s existing support staff. This RIA would make a great addition to a firm that seeks to add to or expand its asset management capabilities in the Northeast and Southeast, as the firm’s clients are concentrated in those two areas.
