Overview

Advisory firm located in Northern Virginia servicing clients in predominantly four states with assets totaling approximately $84 Million (8% being B/D assets with 12b(1) fees). Owner wants to sell Advisory Firm clients, Small Broker Dealer clients (and the Broker Dealer), and a small amount of insurance clients. The custodian of these assets are primarily at T.D. Ameritrade. The $77,000,000 listed under "business mix" reflects only the advisory clients (not the B/D clients), and the trailing revenue of $611,000 reflects only the advisory clients. All total, the assets are $84,000,000 and the trailing 12 months of revenue is $644,000. Also, the number of accounts reflects only the advisory accounts and not the B/D accounts.

Ideal buyer would buy all of the above and use TD Ameritrade as custodian on the advisory clients. It is important that only financially qualified buyers having a ready source to pay for the practice contact us; and that the buyer has a Northern Virginia office arrangement to meet clients; and that the buyer has a financial planning background. A buyer willing to purchase all of the various parts of the business will be given priority.

As you can imagine, selling a practice is daunting -- so many inquires to review, so please respond with any important details about your firm that may not be in your profile with Succession Link.

Market
RIA
Member Level
Premier
Last Activity
today
Listing Age
65 days old

Business Data

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