$25,000,000 AUM. The trailing gross revenue is approximately $100,000. The business is 90% fee-based and 10% commission-based revenue. 150 individual accounts and 90 households. The practice mix is approximately 60% mutual funds, 35% managed money consisting of stocks and bonds and 5% insurance. Over 50% of this practice is 401k accounts. The majority of the clientele are based in Mississippi.
interested in finding continuity within the next few years, either bringing on an advisor or partnering with another business. Ideal candidates would be local to Mississippi.