SOLD-Annuity Book of Clients Business for Sale – Newport Beach, CA

SOLD! ‘Q2 2018

Find Annuity Book of Clients Business for Sale

800+ Fixed/Indexed Annuity Book of Clients, $82MM AUM

Looking for a great business opportunity in the financial industry?

This business is it! – Through exceptional customer service and marketing via seminars, this Company has grown into a turnkey enterprise for someone looking for a stable, profitable book of happy annuity clients that can be swallowed whole.

Business Overview:

• Easy integration as all files sit in the Seller’s online database system for a seamless data dump post-Closing, not to mention the thousands of clients files/leads that did not convert which include the family net worth snapshot, contact information, etc… that can be mined for future conversions.
• 80% of the clients are located 25 miles from Newport Beach home territory, 60% of new business comes from existing satisfied client referrals.
• Many accounts have funds available now and upcoming and are ripe for consultations from a Buyer that may have a more diversified product offering or set of products that can help preserve and grow their wealth.
• 100% commission based, average age of client is 72, average net worth of 75% of clients is $1.5MM. Revenue is 90% annuities, 5% alternative investments and 5% life insurance.

Other Information

NDA is required for further details from ProNova Partners.