Practice for Sale
About This Opportunity
This Los Angeles area RIA services 41 client households that are largely based throughout California. This practice builds client investment portfolios mainly using individual securities, ETFs, and mutual funds. The trailing 12-month gross revenue for this practice is $751,520.47 on assets of approximately $97 million. This is a Sell and Stay® opportunity as the practice’s principal is looking for a three-year glide path to retirement.
The ideal acquisition partner for this practice would be a well-established RIA that deploys similar investment strategies and is willing to maintain the current office space. This practice has two experienced staff members, one who is licensed, and both are seeking meaningful employment with the acquiring firm.
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
Model v. Custom
Active v. Passive