Sellers

2019 Advisor M&A Review Infographic

2019 Advisor M&A Review Infographic What an exciting year 2018 was for the financial services industry with increased RIA and broker-dealer consolidation, changes in compliance and the Fiduciary Rule, and an ever expanding array of financing options — all of which had an impact on the value of RIA and IBD practices. This infographic shares […]

Selling Your Masterpiece

As an advisor, at the end of a career, your business is your masterpiece – it’s your Picasso. It’s one of a kind, and in today’s market, you will not have trouble finding someone who wants to take it off your hands and pay you for it. But, there is a huge difference in getting […]

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 […]

3 Takeaways from 2016 Financial Services M&A Data

2016 was an exciting/interesting year for the financial services industry, with many changes in compliance and the Department of Labor Fiduciary Rule, broker-dealers being bought/sold or shut down, all of which had a direct or indirect impact on the value of advisor’s practices. In January, Succession Resource Group presented our most interesting findings from deals […]

9 Tips to Prepare Your Business for Sale

Depending on what source you look at, the average age of an advisor in the financial services industry is anywhere from 51-57 years old. While that would typically leave plenty of time until the average age of retirement, the average age of an advisor selling their business is much younger, most often occurring near age […]

Getting the Most Value Out of Your Business

Developing a succession plan is a great tool to ensure your business continues to grow while you eventually work less and begin to realize the value of your business. But, a key piece of developing a plan for you and your business is having the right successor. For some, this person may be an existing […]