Practice for Sale

Accepting Inquiries

#23-459

Offering

IAR/RR

Type

Northeast

Location

Negotiable

Asking Price

About This Opportunity

This Northeast firm is focused on delivering results-driven, holistic financial planning and investment management services to its clients. This firm also helps its business clients build and manage, among other things, their employee retirement plans and executive compensation plans.

This firm seeks a partner that can help with operational efficiencies and provide an elevated client service experience. The partner firm must be planning-focused and client-centric and be willing to provide the principals of this firm with a true partnership opportunity and the staff meaningful employment. The firm owns highly visible office space that clients frequently use. This space can be retained post-transition.

$600,000,000

Assets

$3,300,000

Revenue

30%

Expenses

Firm Snapshot

Form of Ownership

S Corp

Form of Ownership

Owners

2

Owners

Full-time Emloyees

4

Full-time Employees

Licensed Professionals

2

Licensed Professionals

Household Servicing

Households

1000

Households

Client Servicing

In Office
Video Conferencing
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

Outsourced

In-House v. Outsourced

Model v. Custom

Capacity for Both

Model v. Custom

Active v. Passive

Passive

Active v. Passive

Tech Stack

CRM

RedTail

CRM

Financial Planning

e money

Financial Planning

Portfolio Management

BD/Custodial Platform

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

RIA
B/D Relationship

Location

Local
Regional
National

Client Servicing

In Office
Video Conferencing
Phone

Designations

CFA
CFP

Service Offerings

Financial Planning
Wealth Management

Investment Vehicles

Individual Securities
Mutual Funds
Bonds
Cash Management

Investment Strategies

Passive
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)
Jr. Partner(s)
Principals
Support Staff
Office Space

Next Steps

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