Business Description

This successful financial company, founded in 2008 by a professional couple, initially focused on commercial insurance before expanding into wealth management to meet the evolving needs of its growing client base. The wealth management division now operates as a separate entity, generating $1.1 million in revenue and serving over 750 clients. The company's emphasis on a strong work ethic, coupled with exemplary customer service, has fueled 16 years of sustained growth, resulting in a profitable business model. As an independent fee-only Registered Investment Advisory service, the corporation manages $98 million in client assets under management (AUM), with clients typically paying fees ranging from 1% to 1.3%. In 2023, the company reported gross revenues of $966,000, with expectations of an additional $80,000 in revenue by the end of 2024 due to new client acquisitions. The company's revenue stream primarily consists of recurring fees from asset management, with no reliance on commission-based sales or new product launches