Practice for Sale
Interviewing Finalists
#23-455
Offering
RIA
Type
Los Angeles
Location
$2,400,000
Asking Price
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.
$96,890,161
Assets
$751,520
Revenue
Null%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

S Corp
Form of Ownership

1
Owners

2
Full-time Employees

3
Licensed Professionals

Null
Designations

Charles Schwab
Custodians
Household Servicing

41
Households

In Office
In Person
Phone
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

Custom
Model v. Custom

Active
Active v. Passive
Tech Stack

Null
CRM

Null
Financial Planning

Envestnet Tamarac
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
RIA
Fee-Only
Location
Local
Client Servicing
In Office
In Person
Phone
Designations
Null
Service Offerings
Financial Planning
Wealth Management
Investment Vehicles
Individual Securities
ETFs
Mutual Funds
Bonds
Cash Management
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.
Founder(s)
Licensed Professional(s)
Support Staff
Office Space
Next Steps

Express Interest
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