37yr old fee-only (no commissions or trails) RIA w/ 4 partners who are all Certified Financial Planners each managing ~$70-$150mm. 300 households averaging $1.3mm each. 4 investment models ranging from Income, Income & Growth, Growth & Income and Growth. 65% of AUM is invested in mutual funds (AF, JP Morgan, PIMCO, Blackrock, Vanguard are largest exposures), 33% in ETFs and 2% in Jefferson National Monument Advisor Variable Annuities. Average portfolio expense ratio ranges from 20bps-60bps. Financial Planning with eMoney financial planning software. Asset management with Morningstar Office. CRM with RedTail.
We have a young Certified Financial Planner with 4 years of paraplanning experience with the firm who is interested in exploring opportunities to increase the firm's AUM by acquiring compatible books of businesses.