Practice for Sale

Offer Accepted

#23-461

Offering

RIA

Type

Northeast

Location

$1,200,000

Asking Price

About This Opportunity

This fee-only RIA in the Northeast offers individuals and small businesses personalized financial planning, investment management services, and tax guidance. This practice utilizes passive investment strategies primarily using Dimensional Fund ETFs and mutual funds. The practice’s 39 client households are primarily located on the eastern seaboard. Over the last 12 months, this practice generated nearly $399,105 in gross revenues from managing approximately $68 million in assets.

The ideal acquisition partner for this practice would be an established, planning-focused, fee-only firm that has at least one CFP on staff.

$67,466,128

Assets

$399,105

Revenue

Firm Snapshot

Form of Ownership

LLC

Form of Ownership

Owners

1

Owners

Full-time Emloyees

1

Full-time Employees

Licensed Professionals

2

Licensed Professionals

Designations

CFP

Designations

Custodians

Fidelity

Custodians

Household Servicing

Households

40

Households

Client Servicing

In Office
In Home
Video Conferencing

Client Servicing

Client Base

Mass Affluent

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

Passive

Active v. Passive

Tech Stack

CRM

ProTracker

CRM

Financial Planning

Naviplan

Financial Planning

Portfolio Management

PowerAdvisor

Portfolio Management

Revenue

Historical Revenue

Sources of Revenue

Recurring v. Non-Recurring

Household Demographics

Age

Assets

Ideal Partner

Type

Fee-Only

Location

Regional

Client Servicing

In Office
In Home
Video Conferencing

Designations

CFP

Service Offerings

Financial Planning
Tax Guidance
Tax Prep
Wealth Management

Investment Vehicles

ETFs
Mutual Funds

Investment Strategies

Passive

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.

Licensed Professional(s)

Next Steps

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