|San Francisco, CA||$995,974||Fee-Only RIA||$2,800,000||18-241|
This fee-only RIA practice located in San Francisco is focused on helping clients achieve their life goals. With annual gross revenue exceeding $995,000 on approximately $110 million in AUM from 128 clients, or approximately $859,000 AUM per client, this practice would make an ideal satellite office for an established buyer. This practice, which was started over 20 years ago, has grown approximately 10% per year over the last 5 years and has excellent continued growth potential.
The preferred buyer is a well-established fee-only or hybrid RIA willing to retain the seller’s current staff, which includes one support staff/brokerage assistance and one portfolio manager. The seller also prefers a buyer who has at least one staff member with the Certified Financial Planner® designation.
Terms: Minimum of 35% down, with the remainder on a note
|ASSETS UNDER MANAGEMENT / ASSETS UNDER ADVISORY||$110,501,011|
|TOTAL # OF EMPLOYEES||2|
|# OF UNLICENSED EMPLOYEES||2|
|# OF BRANCH OFFICES||1|
|BILLING MANAGEMENT SOFTWARE||Orion|
|ERRORS & OMISSION INSURANCE?||Yes|
|% OF OVERHEAD / EXPENSES||65%|
|YEARS IN BUSINESS||21|
|YEARS IN INDUSTRY||36|
|SELLER'S AGE RANGE||55-65|
|HISTORICAL REVENUE||REVENUE BREAKDOWN||CLIENT DEMOGRAPHICS|
|Fees from AUM||$864,852|
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