Practice for Sale

Interviewing Finalists

#23-455

Offering

RIA

Type

Los Angeles

Location

$2,400,000

Asking Price

Sell and Stay® Info

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

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Owners

1

Owners

Full-time Emloyees

2

Full-time Employees

Licensed Professionals

3

Licensed Professionals

Custodians

Charles Schwab

Custodians

Household Servicing

Households

41

Households

Client Servicing

In Office
In Person
Phone

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

Custom

Model v. Custom

Active v. Passive

Active

Active v. Passive

Tech Stack

Portfolio Management

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

Service Offerings

Financial Planning
Wealth Management

Investment Vehicles

Individual Securities
ETFs
Mutual Funds
Bonds
Cash Management

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.

Founder(s)
Licensed Professional(s)
Support Staff
Office Space

Next Steps

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