Overview

We have a diversified practice with revenue balanced between managed money, trailing VA revenues and transactions which include a mix of alternatives and UIT rollovers. It is a mature practice. Would ideally like to bring on a colleague/buyer/merger partners who shares our values of putting the client first, and who would have the desire and capacity to purchase the practice over time.

My experience spans 5 decades and with that comes a perspective on markets and investing not widely found in the marketplace. I hope to share that experience and enhance the boutique experience we offer to our clients. We believe we have a respected position in the market place. We offer a unique and broad selection of investment opportunities and a distinctive investment philosophy. We are currently two advisors in the practice and we have had good success with joint client work. Through a merger/partnership we believe that we can scale into the next level of asset and service growth.

Independence is a high priority and our current broker/dealer relationship has a high level of commitment to this philosophy. We have a broad selection of products to offer. Multiple platforms are available for RIA and BD service delivery. Opportunities exist to "hybridize" the practice further by adding financial planning, and enhanced asset management services. Other opportunities that could leverage our local connections and experience are 1031 real estate exchanges, and business transition services.

We believe that adding a robust financial planning capability would be beneficial to future asset and revenue growth.

In order to optimize the client base and the investment assets that are in place the most desirable merger partner/buyer is one who could transition a practice to our broker dealer. We have about 30% of assets in alternative investments. Many are REG-D private placements (mostly real estate) and the balance are non-traded preferred stocks, all of which have their life cycles prompting replacement advice and service.


Last Activity
within 4 months
Listing Updated
Dec. 21, 2023

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