$460MM AUM | $450,000 EBITDA in
$460MM AUM / $4.5MM Gross Revenue / Our practice is very well diversified between Stocks, Bonds, Mutual Funds, ETFs and Annuities. We're portfolio builders. We have approximately 5,500 accounts and roughly 25% of the practice is fee based.
We are also an RIA and have been in the business since '94. We have 122 reps in 22 states. We're looking to purchase a Broker Dealer that is already established with it's own current reps. We are looking for a "Retail" Broker Dealer only! Preferably the Annual Revenue would be under $1.5MM. Preliminary terms would be something along the lines of a 5% payout up front based on Gross Revenue and a 6% payout each year from there for up to 5 years.
With our low monthly fees and high payout, our new pay is the highest in the industry.