Overview

We are a Hybrid RIA with 7 offices in 5 southeastern and southwestern states. We currently have approximately $2.1Bil AUM plus approximately $600mm AUM with independent firms who are members of our RIA only. We have made three acquisitions and a merger over the past 3 years and several financial advisors have joined our Hybrid RIA while continuing to operate independently. We have also assisted one of our independent RIA members in making his own acquisition. Members of our Hybrid RIA enjoy support from us in multiple areas including, compliance, a CFA run investment department, and a succession plan. We understand all the aspects of acquisitions such as appraisals, financing, terms, transition, etc. and are happy to assist any member of our RIA who wants to grow through acquisition of other practices.
We are looking for:
1- Advisors who are interested in a succession plan leading to retirement. We will pay market price for a practice. If an advisor wants to stay for a period of time after the sale, we can arrange that.
2- Advisors who would like to join our Hybrid RIA. If an advisor is currently a member of a corporate (B/D owned) RIA, we can usually provide them with a higher payout. Members of our Hybrid RIA receive many benefits including investment management, compliance, marketing assistance, and coaching to name a few.
3- Our ideal practice to work with is one that is mostly fee based, utilizes model portfolios, not stock traders.
4- For an advisor who only wants a continuation plan to take effect in the event of death or disability, we are happy to enter into a continuation/buy-sell agreement using an FP Transitions model continuation plan. Such a plan allows the advisor the freedom to sell his practice at any time to whoever he wants but provides a guaranteed purchaser in the event of sudden death or disability.

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