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Details - Information last confirmed on June 24, 2021
12-year-old Midwest US-based RIA for sale. The RIA exists to run a Tech/Small Cap Growth-focused separately managed account (SMA) vehicle. Just over $2.5m in AUM now but capacity for $150 million with same performance. The portfolio manager has run successful mutual funds with AUM > $500 million.
As of March 31, 2021, this separately managed account portfolio had a trailing-10-year Sharpe ratio of 0.96 and an information ratio of 0.85 per Morningstar’s Separate Account database. The portfolio had a trailing-10-year alpha of 7.88 and beta of 1.08 versus the MSCI All Country World Index, as tracked by Morningstar’s Separate Account database. The portfolio's absolute, gross-of-fees annualized return since inception (March 31, 2009) through March 31, 2021 was 22.81%.
Portfolio is fully seasoned. Extremely disciplined and repeatable process in use since year 2002. 50-stock portfolio from inception. Long-only; no shorts, ETFs, derivatives or use of margin. Manager is 28-year money management vet. Wall Street Journal Category King in Small Cap Growth in 2006. Pensions & Investments Top Performing Manager for year ending 9/30/17.
The PM has strong media profile; regularly quoted by US News & World Report, Forbes, [ external link ], Pensions & Investments, Kiplinger's etc.
Federal trademarks secured on firm and product names; have already completed Section 8 & Section 15 renewals and notices of incontestability, respectively. All records available. Firm GIPS-verified in April 2012 and again in March 2016.
Seller open to a variety of arrangements, including outright sale, sub-advisory relationship, distribution agreement or dual registration. Post-transaction management arrangement negotiated separately. Manager can relocate to join acquiring or partner firm.
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