Mergers and Acquisitions 101: M&A for Financial Advisors
David Grau Jr.
What Exactly Is M&A? The term “mergers and acquisitions” (M&A) broadly refers to the process of one company combining with another; however, the method and legality of how these terms are processed are slightly different. Mergers occur when two organizations join together, and both parties remain active and involved on an ongoing basis. This can […]
Five Myths in Succession Planning
As most business owners will attest to, starting and running a business involves a combination of conviction/passion, perseverance, stress, and personal sacrifice. Owners invest a significant amount of themselves and capital into running these businesses, and as a result, most have a substantial portion of their net worth tied up in their business. The vast majority of owners/founders […]
Intrapreneur or Competitor?
What should you do when one of your key staff comes into your office and tells you they are resigning to go start their own competing business? The simple thing most of would do is to take their resignation and call them a Judas. But, consider an alternative. When your key executive has that entrepreneurial […]
Building a More Valuable Practice – Tip #4
Tip 1 | Tip 2 | Tip 3 | Tip 4 AGE MATTERS Age matters – we all hope it doesn’t, but the reality is that the age of your clients and their corresponding assets can have a drastic effect on the value of your business. An aging business is a dying business in the eyes of […]
DOL Fiduciary Struck Down – Time to Sell
On Thursday, March 15th, the U.S. Court of Appeals for the 5th Circuit struck down the DOL Fiduciary Rule. It is not known at this time whether this ruling will be appealed, or if it will apply to the entire country or just the states residing inside the 5th Circuit Court’s jurisdiction (Louisiana, Mississippi, and […]
Are YOU Hurting the Value of Your Business
There are many complicated facets to running a service-based business, but the most vital component are the relationships you build every day. These relationships are the basis of value, and, for most, your business is your largest and most valuable asset. The most frequently discussed factors that impact the value of your business are profitability, […]
May 2017 – Idaho – $220,000
May 2017 – Central Texas – $360,000
September 2016 – California – $4,100,000
Deal Facts: Seller: Independent RIA Sale Price: $4,100,000 75% Cash down (bank financed) 25% Promissory note, 2 years Contingencies on deal: Yes To view the PDF Version of the practice sold, click here.
December 2015 – New York – $500,000
Deal Facts: Seller: Independent Registered Rep Sale Price: $500,000 AUM: $60.4 million 12% Cash down 88% Promissory Note Contingencies on deal: No To view the PDF Version of the New York practice sold, Click Here