Financial Advisory Firms Business Broker — Illinois
Sell or buy a financial advisory firm anywhere in Illinois. Expert valuation, confidential marketing, and qualified buyer matching statewide.
Confidential • No upfront fees • Illinois statewide
Selling a Financial Advisory Firm in Illinois
Illinois financial advisory firms typically sell for 2x–3x Annual Revenue, with an average sale timeline of 9–18 months.
The most active buyers include ria aggregators, larger advisory firms, pe-backed wealth management platforms. SBA 7(a) financing is available for qualified buyers, making this an accessible acquisition for a wide range of candidates.
Key Valuation Factors
- AUM size
- Client retention
- Revenue per client
- Fee structure (recurring vs transactional)
Enter your annual Seller's Discretionary Earnings (SDE) — your net profit plus owner's salary and any personal expenses run through the business — to estimate a range.
This is an estimate for planning purposes only. Actual value depends on lease terms, asset quality, customer concentration, and current market conditions. Request a professional valuation for a precise number.
Financial Advisory Firms Across Illinois
We serve financial advisory firms owners and buyers in markets across the state.
Common Questions About Financial Advisory Firms in Illinois
Illinois financial advisory firms (RIAs) typically sell for 2x–3x annual revenue. AUM size, client retention history, and the fee structure (recurring vs. transactional) are the primary value drivers.
RIA aggregators (Mercer, Focus Financial, CI Financial), national wirehouse recruits, independent broker-dealers, and larger local advisory firms are the most active acquirers. The RIA consolidation market has been very active.
Client transition is the central concern in every advisory firm sale. We structure earnouts, transition periods, and joint client meetings to maximize client retention through the handover. Most buyers expect 85–90%+ client retention to close the deal.
Clients cannot be transferred without their consent. The transition process involves direct communication with clients by both the selling and acquiring advisor. A well-managed transition with appropriate personal introductions typically achieves strong retention.
ADV amendments, state filing requirements, and client consent procedures are all part of the RIA sale process. We work with your compliance counsel to ensure all regulatory obligations are met.
Ready to Sell or Buy a Financial Advisory Firm in Illinois?
We have a network of pre-qualified buyers actively seeking financial advisory firms across Illinois. Let's talk — free and confidential.
No upfront fees • Completely confidential • Free valuation