First DOL, Now IRS Gunning for Advisors
Kristen Grau
Download Printable PDF As a small business owner and advisor, your attorney or accountant will provide many reasons why you should consider forming a corporation or limited liability company. These reasons include limiting personal liability, the ability to share equity, and possibly reduce taxes. For independent Registered Investment Advisory firms and insurance agencies, the setup and use […]
March 2016 – Florida – $85,000
Deal Facts: Seller: Independent Registered Rep Sale Price: $85,000 AUM: $32 million 35% Cash down 65% Promissory note, 1 year Contingencies on deal: No To view the PDF Version of the Florida practice sold, Click Here
February 2016 – California – $371,300
Deal Facts: Seller: Independent Registered Rep Sale Price: $371,300 AUM: $16.25 million 32% Cash down 68% Promissory note, 4 years Contingencies on deal: Yes To view the PDF Version of the California practice sold, Click Here
January 2016 – Arizona – $1,120,000
Deal Facts: Seller: Independent Registered Rep Sale Price: $1,120,000 AUM: $560 million 25% Cash down 75% Earnout, 3 years Contingencies on deal: No To view the PDF Version of the Arizona practice sold, Click Here
Secrets of Succession
As an advisor, you have likely built a business of substantial value. Unlike other businesses, your most valuable asset is the relationship you’ve built with your clients, which commands time and commitment to ensure a successful transition near the end of your career. Understanding your value, key drivers and detractors, and how to develop a […]
November 2015 – $550,000 – Denver, CO
Deal Facts: Seller: Independent Registered Rep Sale Price: $550,000 AUM: $28 million 40% Cash down (bank financed) 60% Promissory Note, 5 years Contingencies on deal: Yes To view the PDF Version of the Denver, Colorado practice sold, Click Here
October 2015 – $808,000 – South Florida
Deal Facts: Seller: Independent Registered Rep/Registered Investment Advisory firm Sale Price: $808,000 AUM: $40 million 75% Cash down 25% Seller-Financed, 7 years Contingencies on deal: Yes To view the PDF Version of the South Florida practice sold, Click Here
August 2015 – $130,000 – Downers Grove, IL
Deal Facts: Seller: Independent Registered Rep Sale Price: $130,000 AUM: $8 million 34% Cash down 66% promissory note, 2 years Contingencies on deal: Yes To view the PDF Version of the Downers Grove, IL practice sold, Click Here
October 2015 – $145,000 – Franksville, WI
Deal Facts: Seller: Independent Registered Rep & IAR Sale Price: $145,000 AUM: $15 million 75% Cash down (bank financed) 25% Seller note, 6 months Contingencies on deal: None To view the PDF Version of the Franksville, WI practice sold, Click Here