The team at Succession Resource Group (SRG) has been valuing financial service practices for more than a decade and has completed more than 5,000 advisor valuations - making them your go-to source for an accurate opinion of value for advisor businesses. Our unique access to real time deal data for similar businesses, combined with our knowledge of the advisory M&A market, allows us to be one of the only firms capable of providing an accurate/reliable valuation of an independent financial services firm. With one of the most experienced teams in the industry, combined with the largest database of actual deals completed and our hands-on consultative approach, advisors will gain unique insights into their business, including the value, expected payment terms, and how the value was determined.
Why value your business?
There are many reasons for getting a valuation of your firm, including selling your business, building an accurate formula into a buy-sell or shareholder/partnership agreement, sharing equity with a partner or your team, obtaining a larger line of credit, securing insurance for the business, placing a value on your personal balance sheet for estate planning, or divorce/partnership disputes to name a few examples. Valuations are most useful for our clients when used as part of the annual business planning process - allowing them to manage their most valuable asset with full information.
Competitors rely on industry averages for their “valuations.” Come to the source – all SRG valuations are based on actual comparable sales data from our proprietary database.
Hands on Expertise
Valuations completed by SRG’s expert team – the most experienced in the industry.
No “secret” black box approach – SRG will ensure you have a complete understanding of how your business was valued.
Value provided in the context of actual expected payment terms for similar businesses, as well as your key value drivers and detractors to make the business more valuable.
Succession Health Check (SHC)
Our Succession Health Check (SHC) supplemental report provides users with the information they need to successfully reach/achieve their succession planning goals. Once we have received the data gathering worksheet, SRG experts will provide you an over score based on your criteria regarding your succession preparedness, as well as specific recommendations to increase your success rate and value.
The SRG Benchmarking is a dedicated supplemental report that provides a deep level of analysis and information to you about your business relative to your peer group regarding the key metrics that drive value. This granular level of information ensures you continue to build your business efficiently and effectively, and with full information.
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Very thorough analysis asking the for appropriate inputs. Valuation report provides good information to help me understand the driving forces for future valuations (when I decide to sell/retire). Looking forward to the debrief to enhance my knowledge.
Overall a very positive experience. The evaluation helped both interested parties determine what’s at stake and better understand the capital needed for a potential partnership.
I had a very positive experience … Erik P. was quite pleasant and knowledgeable.
I liked the way Nicole Frey, Renata Hoeckel and Kristen Grau took the time to explain each aspect of the planning process. They were very patient with me.
Thanks for the help in my time of need and your thoughts on how I could improve the value of my practice over time.
The process was exceptional, and I had contacts form SRG the entire way. The intake/data questionnaire was thorough, and helped me think about the type of practice we have (with my business partner). I thought the intake phone call with Nicole was very, very helpful. My business partner, to who I am selling my 50% of the business, was also on the call. She showed good knowledge of the field and an understanding of the nuances of different practices.
The final valuation makes good sense, and is backed by solid fundamentals about how assets are gained, fees earned, the age of the client base, retention issues, etc.
Very well done. Certainly something we could not have done ourselves. Nice to have capable third party do this.
An excellent value.
SRG handled our business valuation in a professional and speedy manner. All staff with whom I spoke were courteous, intelligent, and understood our industry. They were also flexible with my time schedule and allowed me to expedite the valuation during the busy holiday season. I am impressed.
Because of the emotional difficulties in trying to put a objective valuation on our financial planning business (especially after having just lost my husband), hiring your company to walk both parties (seller/buyer) through this process has been invaluable! And since the buyers, in my case, also worked with and were trained by my husband, I realized that this was something that I had to do for both our benefits. I am thankful I was referred to your firm and would definitely recommend you to anyone else walking this same road.
When I purchase a business, I will have your team of experts provide the comparative market analysis and documentation. I feel confident in your ability to analyze a sellers practice and increase my comfort level as a buyer!
Thank you again
Straightforward and understandable. It is very interesting seeing how my practice measures up against others in the various categories.
Great experience, very thorough and customized solutions for my succession planning and entity needs. Thank you!
Nothing but great things to say about SRG! They have their process down and they have made a complex business transition as smooth and seamless as possible. All I can say is THANK YOU!
The support we received was good. The process was well laid out and easy to follow. My situation was one of a “unique” style as we were doing a report for an advisor thinking about retiring. The data sent to us was right on what we expected so that was good. The benchmarking was very helpful as well.
From start to finish the process and assistance I received was timely and very professional. I will definitely recommend your firm to anyone that needs any of the services you offer. Thanks again.
The streamlined process assisted my partner and I to evaluate our practice versus our peers in structure and process. This assisted us to work on ways to increase the value of our practice. After the valuation of the practice we expressed our concerns of the lack of contingency plans for our practice. Within a couple of interviews and revisions the contingency plans were complete, now our practice succession plan is in a place that protects the partners, staff, families, and the clients was complete.
“The [valuation] report is one of the best reports that I have ever seen. Yes, it is about me and that helps my enthusiasm. The phone call Eric did with my family and I was wonderful.”
The process was thorough, professional and a very good value. I came away with a clear understanding of both where I excel as a business owner and the areas that I need to spend more time on in order to improve the value of my practice.
We got really excellent service from Erik and he was extremely professional and knowledgeable. He provided additional insights over and above the documented valuation that really explained the methodology and value drivers. We will certainly engage SRG again in the future.
Was in need of a Business Valuation and the first step to my Succession Plan. This was done easily and efficiently. Now we plan to move onto having SRG help us with our Deal Support when we are ready.
You all did a great job. I was looking for an outside valuation of the firm as I contemplate my next business decision, expansion and growth strategy going forward. Thanks for all your help. You have provided me fantastic information.
I am looking forward to utilizing more of your services for the next level when I decide to transition out of the business!
Erik was fantastic! His insight and advice was valuable and objective and most importantly spot on accurate. Great Experience!!
I am very pleased so far. We intend to keep working with you in transitioning our business. Mike and I will know soon in which capacity,
You have an excellent program to value practices. I only wish I had gone through this process about four years ago. Thank you for your help in working with me on this process of business valuation.