Overview

Late career advisor running a one person shop looking to transition into retirement.

This book is $30MM AUM and is a commission based business, generating revenue from annuities, mutual funds, and insurance. Majority of annuities are variable, however some fixed annuities are utilized as well. Average client age is around 55 years old. The seller does not utilize a defined investment philosophy or service model for their clients, but rather customizes strategies that are tailored to each clients needs. All money is managed in house.

NOT looking for a conventional purchase price. Rather, the seller would like to be paid their 12b-1 fees each year for 9-10 years. 12b-1 fees amount to roughly $16k a year

Flexible selling timeline and is open to speaking with buyers in any state. The seller would like to sell & stay for a period of 1-3 years before transitioning out of the business.

Open to discussing partial sale options as well.


Last Activity
6 months or more
Listing Age
426 days old

Business Data

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Clearing Firm / Custodian

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Third Party Money Managers

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Mutual Funds

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Variable Annuities

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Insurance Business

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Technology Solutions

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CRM Systems

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Resources
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