Senior Wealth Manager - Partner
Small $120 million wealth management firm seeking someone to ultimately take over. The right applicant will likely have a book of business to bring over within one year on which 80% of the income associated with those accounts will be paid to that applicant. The right person is smart, entrepreneurial, analytical, and good with clients. We have just 30 clients who are very happy and no trouble. The markets are the challenge, not our clients. The published track record of our "Focus List" stocks has beaten the S&P 500 by 2% per annum since inception some 12 years ago. In addition to individual stocks and an occasional mutual fund/ETF for market exposure, we also utilize niche alternatives. The firm has grown organically with no marketing effort. There is considerable potential to grow the firm. Growth associated with new talent will be allocated 80% to that talent. This is a perfect situation for someone who is thinking of going out on their own in wealth management.