Practice for Sale
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.
Form of Ownership
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