$39,000,000 AUM in Woodland Hills, CA
$600,000 REV / YR 95% FEE 5% COMM
Looking to sell now.
Primary client base is high net worth individuals including business owners and retirement plans.
Buyer must be a multi-advisor firm with strong local presence. No solos will be considered or responded to.
Best fit is a self-contained RIA (manages internally) that has hybrid capability, a demonstrable track record, preferably a 10-years, and $400 MM+ AUM (or plans to get there in < 3 years).