Succession Resource Group is working with an independent registered representative practice based in Central Illinois that is looking for a buyer to acquire the business. The company provides investment management, comprehensive financial planning, retirement planning, estate planning, and insurance to its 229 loyal households, who have been with advisor for an average of 20 years. The practice earned $652,200 in the last 12 months with 72% recurring revenue.
The average client age is 66 and the seller believes multi-generational planning is important, as it provides opportunities to turn family members into future clients. The owner is looking for a successor that is a good fit for its clients, and is willing to stay with the firm to aid in the transition for six months.
If you are interested in the practice and have already submitted your buyer profile, please email us at email@example.com. If not, please submit your buyer profile to get started. Thank you!