$5.7M Team Brings in $36.4M All In Offer
Practice Background
Our client is a 5-person team originally with a wire house. The team had a proven track record of success and growth, consistently being ranked on Barron’s Top Advisor lists and a 99% client retention rate.
Client Objective
Our client’s objective was to partner with a high-growth firm who would take over the day to day tasks of running the business, provide an advanced tech stack and marketing engine, allowing the team lead to focus on growing the practice and eventually retiring and allowing their successors to take over.
Key Data
Top Line Revenue: $5.7M
EBITDA $2.5M
AUM $778M
All-In Offer* Highlights
100% Acquisition
Sell and Stay Model
$15.8M in Cash at closing
$5.1M in Equity at closing
Up to $7.7M at the 2nd and 3rdAnniversaries based on T12 Revenue Retention
Up to $7.7M at the 4th Anniversary for a T12 Growth Earn Out (Prorata 10% - 15% CAGR)
Additional Compensation
$6.8M Retirement Model for up to 5 years
35% Payout to Advisors Ongoing which includes staff salaries
W2 Model with all benefits covered
*An All-In Offer includes any money paid upfront, signing bonus, and potential earn-outs based on growth. It does not include retirement or overrides on production. Assumes you hit all required transition, retention and growth expectations.