PRACTICE FOR SALE:
$36MM AUM | $325,000 GDC in Leonardtown, MD
Overview: Advisor seeks to transition out of the industry in 4-5 years. Advisor would like to either merge with an advisor with the same broker dealer to formulate a transition plan or entertain an offer for a buyout. Advisor would like the transaction to take place between now and the next 5 years.
The ideal candidate already has an existing book of business that consists of both advisory and transactional. Advisor is not interested in candidates that are fee only or solely transactional. The ideal candidate must work on both the advisory and transactional sides. The ideal candidate is familiar with stocks, mutual funds, unit trusts, annuities, fixed income, separate money manager accounts. Advisor is interested in candidates that are currently with Wells Fargo Advisors. The ideal candidate must have an established presence no greater than 50 miles from Leonardtown, MD and be willing to maintain an office presence at least 1-2 days a week.