Practice for Sale
Interviewing Finalists
#23-462
Offering
IAR
Type
NYC Metro
Location
Negotiable
Asking Price
About This Opportunity
Located in the New York City metro area, this IAR is focused on providing client-centric, values-based financial planning and wealth management services. Using a comprehensive approach to wealth management, this practice strives to bring clarity and confidence in financial decision-making to each of its 250 client households. this practice generates nearly $1.7 million in revenue from managing roughly $157 million in assets.
The ideal acquisition partner for this practice would be a well-established firm that has a client-first/centric mentality, defined operational processes, and a presence in the New York City area. The acquisition partner must also be willing to provide the practice’s principal a glide path to retirement and provide meaningful employment for the practice’s employees post-sale.
$157,224,905
Assets
$1,695,282
Revenue
Null%
Expenses
Null
Non-Adjusted EBITDA
Firm Snapshot

S Corp
Form of Ownership

1
Owners

3
Full-time Employees

2
Licensed Professionals

CFP
ChFC
Designations

Other
Custodians
Household Servicing

250
Households

In Office
In Person
In Home
Client Servicing

Mass Affluent
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

Both
In-House v. Outsourced

Custom
Model v. Custom

Active
Active v. Passive
Tech Stack

Proprietary
CRM

MoneyGuide Pro
Financial Planning

Proprietary
Portfolio Management
Revenue
Historical Revenue
Sources of Revenue
Recurring v. Non-Recurring
Household Demographics
Age
Assets
Ideal Partner
Type
RIA
Location
National
Client Servicing
In Office
In Person
In Home
Designations
CFP
ChFC
Service Offerings
Financial Planning
Insurance Guidance
Insurance Sales
Wealth Management
Investment Vehicles
Alternative Investments
Individual Securities
ETFs
Mutual Funds
Bonds
Cash Management
Investment Strategies
ESG
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.
Licensed Professional(s)
Support Staff
Office Space
Next Steps

Express Interest
Click below to express your interest in this opportunity by filling out a short form.