PORTLAND, Ore. (Feb. 22, 2024) — Succession Resource Group, Inc. (SRG) published its eighth annual review of advisor acquisition activity, unveiling key trends for advisors interested in buying, selling, and succession planning. In this most recent data release, SRG reported on 188 transactions representing more than $25 billion in assets under management. Despite a high-interest rate environment, the M&A market was driven by strong demand, access to capital, increasing valuations, and shifting seller preferences toward larger buyers with the ability to scale. The average RIA/recurring revenue multiple reached 3.02, highlighting a resilient and sustained M&A market.

PORTLAND, Ore. (July 10, 2023) – Succession Resource Group (SRG), a consulting firm focused on helping professionals in the financial services, insurance, and tax planning industries value, improve, protect, grow, and plan for the eventual transition of their business - is excited to announce the expansion of its innovative myCompass platform. The platform, designed to streamline client communication and project management, has been further enhanced to provide an even more comprehensive and efficient experience for clients.

Portland, OR (June 27, 2023) — Succession Resource Group (SRG), an M&A consulting firm that works nationwide with financial advisors, agents, and accountants, announced today that it has been named a Finalist in the WealthManagement.com 2023 Industry Award (the “Wealthies”) in the category of Succession/Ownership Transition Services Non Custodian/Broker Dealer category for its Annual Advisor M&A and Equity Update. The update is published at the beginning of Q1 and Q3 every year, with the 2023 January release based on the largest dataset to date, sharing the most sought-after intel, including historical and current RIA valuation multiples at a national/regional level, average deal structures, financing trends, KPIs based on size, and compensation data.

Julia Sexton, CVA, brings extensive industry experience in valuations, mergers, and teaming, expanding SRG’s capabilities.

SRG continues attracting top talent as the leading industry authority on succession planning, business valuations, deal structuring, equity management, death/disability planning, mergers, and acquisitions.

PORTLAND, Ore. (Aug. 10, 2022) – Succession Resource Group (SRG) is happy to report another successful sell-side transaction with the sale of an AdvisorNet advisory practice based in Arizona. The practice, with approximately $50 million in assets under management, was acquired by Epic Trust Financial Group, LLC (Epic Trust). Epic Trust is owned by Jeff Lewis, who after rigorous negotiations to find a “win-win,” navigated the deal to a successful close with the assistance of Kristen Grau and Aliza Perry from SRG’s Seller Advocacy team.

PORTLAND, Ore. (August 10, 2022) – Succession Resource Group (SRG) is thrilled to announce the sale of a California advisory practice run by Ms. Amanda Johnson (Johnson). After weeks of communicating with SRG’s member database (one of the largest in the industry), combined with support from field leadership with Ameriprise, more than 140 buyers were interviewed from across the country. With a well-run practice of 173 clients, her Northern California practice quickly rose to the top of the charts for SRG, gaining interest from many of Ameriprise’s top franchises.

Barry Katz (Katz) of Caratel Financial Services (Caratel) sells well-established firm to Nicholas McElroy (McElroy) of PGI Wealth Management (PGI).

PORTLAND, Ore. (Aug. 26, 2021) – Succession Resource Group (SRG) is excited to announce the sale of California-based RIA, Empowering Financial Solutions, Inc. to Pennsylvania-based RIA, Bluesphere Advisors, LLC. This sale represents almost $50 million in assets under management (AUM) and expands Bluesphere’s presence and ability to serve clients coast-to-coast.

PORTLAND, Ore. (April 12, 2021) – Succession Resource Group, Inc. (SRG), a leading provider of acquisition and succession solutions and consulting for financial professionals, is pleased to announce a new strategic alliance with Ameritas Investment Company, LLC (AIC), a broker-dealer and registered investment advisor based in Lincoln, Nebraska.

Portland, Ore. (Jan. 25, 2021) – Today marks the fifth anniversary for Nicole Frey at Succession Resource Group (SRG), a succession consulting firm dedicated to helping financial professionals (RIA, registered representatives, agents, & accountants) value, improve, protect, grow, and plan for the transition of their business.

PORTLAND, Ore. (Nov 17, 2020) – Succession Resource Group (SRG) is excited to announce three strategic hires to keep up with growth and continue to deliver best-in-class service to SRG’s valued clients. Adding to SRG’s existing roster of talented professionals, the team has recently hired Josh Clifford, CVA^®, Katelynn Clements, JD, and Marc Stein, AIF^®.

Portland, Ore. (June 17, 2020) – Succession Resource Group (SRG) is excited to announce the sale of Delaware-based RIA, Lovett Advisors to Pennsylvania-based RIA, Bluesphere Advisors LLC. This sale represents over $109 million in assets under management (AUM), negotiated and closed amidst the coronavirus pandemic.

PORTLAND, Ore. (May 4, 2020) – Succession Resource Group, Inc. (SRG) is excited to announce the launch of LendingWell on Monday, May 4, 2020. LendingWell is a free online platform dedicated to helping independent Registered Investment Advisors, Registered Representatives, CPAs, and insurance agents and agencies find the right lender for their financing needs. LendingWell matches advisors with lenders for buy-outs, buy-ins, working capital, refinancing, commercial real estate, start-up, and recruiting. SRG has expedited the launch of this new online application in light of the current COVID-19 pandemic, responding to advisor’s need for capital.

PORTLAND, Ore. (April 29, 2020) – During this COVID-19 pandemic, Succession Resource Group (SRG) is committed to bringing awareness to the topic of planning for the unexpected, offering a free contingency plan template to financial advisors during the month of May 2020, to help ensure advisors put a plan in place in the event of their death or disability (permanent or temporary).

Portland, Ore. (April 9, 2020) - Succession Resource Group (SRG) is excited to announce the sale of Kansas based Registered Investment Advisor ("RIA") Coe Financial Services, Inc. to Creative Planning, LLC, one of the nation's largest and fastest growing RIAs led by Peter Mallouk. This sale represents over $126 million in assets under management (AUM), and is the fifth acquisition for Creative Planning in the last year.

Portland, Ore. (March 13, 2020) - Succession Resource Group (SRG) is announcing the sale of deceased Hawaii advisor, Mr. Glenn Yabuki’s book of business (“Yabuki”) to Gail Hamada and Lincoln Koike of Hawaii Wealth and Legacy Planning Group (“HWLPG”). The sale represented over $97 million in assets under management, with all assets successfully retained by Ameriprise Financial Services, Inc. (“Ameriprise”), allowing Ms. Hamada and Mr. Koike to continue honoring Mr. Yabuki’s legacy.

PORTLAND, Ore. (Feb 11. 2020) — Succession Resource Group, Inc. (SRG) is publishing its ten-year retrospective look at the state of the mergers and acquisitions for independent RIAs and advisors, recapping deal data, trends, and predictions for the coming decade. SRG’s data for this period draws upon more than $250 million in third-party transactions and over $20 billion in total assets under management (AUM) transferred¹.

Portland, Ore. (Jan. 30, 2020) – Succession Resource Group (SRG) is excited to announce the sale of Ameriprise Financial Services advisor Alan M. Kolnik based in the Washington DC metro area to Jon Kuttin of Kuttin Wealth Management, named a Barron’s Hall of Fame Advisor, 2019. The sale represented over $40 million in assets under management, allowing Kuttin to expand his firm’s presence down the eastern seaboard.

PORTLAND, Ore. (Sept. 19, 2019) – Succession Resource Group (SRG) is proud to announce it was nominated and won the 2019 WealthManagement.com Industry Award in the category of Succession/Ownership Transition Services for its “Shared Growth Model” strategy, nominated with Financial Advocates and Hamburger Law Firm. SRG was also named a finalist in the category of Industry Research Providers for its “Annual Advisor M&A Update.”

Portland, Ore. (Sept. 12, 2019) – Succession Resource Group (SRG) is pleased to announce a strategic alliance between two Massachusetts-based investment advisory organizations: Pension & Wealth Management Advisors (PWM) and Kastel Capital Advisors, LLC (Kastel). The alliance will represent a team of five experienced fiduciary advisors managing more than $150 million in assets under management from individual and institutional clients in 22 states.

PORTLAND, Ore. (Aug. 20, 2019) – Succession Resource Group (SRG) is proud to be named as the third largest Oregon company in the financial services industry on this year’s Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. SRG joins the ranks of other notable Inc. 5000 honoree alumni including Intuit, Microsoft, Pandora, Patagonia, and Oracle. SRG was also ranked for the second time in the Top 100 Fastest Growing Companies by the Portland Business Journal in 2019.

Portland, Ore. (Aug. 13, 2019) – Succession Resource Group (SRG) is excited to announce the sale of Orlando, Florida based Santiago & Associates (Santiago), an Ameriprise Platinum Financial Services practice owned and operated by Conrad Santiago, an independent Private Wealth Advisor affiliated with Ameriprise with $420 million in assets under management. The purchaser, Brent Trentham of The Trentham Urquhart Group (Trentham), is based in Tennessee and was named one of Forbes Best-in-State Advisors of 2019 and Barron's® "Top 1,200 Financial Advisors: State-by-State Ranking”. Mr. Trentham was also a member of the Chairman’s Advisory Counsel (CAC) from 2005-2016.

Portland, Ore. (Aug. 7, 2019) - Succession Resource Group (SRG) is excited to announce the sale of Washington-based firm Lighthouse Financial Strategies, Inc. (owned and operated by Steven Holmes) to Nate Oeming and Tim Mahalak of The Oeming Group (Oeming-Mahalak). The financial advisory practice sale represented over $49 million in assets under management, with all assets retained on Commonwealth Financial Network’s platform.

Portland, Ore. (July 10, 2019) – Succession Resource Group, Inc. (SRG), a Portland-based succession consulting firm, is proud to be ranked as one of Oregon’s fastest-growing private companies in the Portland Business Journal’s top 100 list, ranking #62. This is the second time SRG has been given this award in the last five years. SRG received the recognition as a result of its continued success, increasing its revenue 77.31% in just the last two years.

Portland, Ore. (April 29, 2019) – Succession Resource Group (SRG) announced their expanding strategic alliance with PPCLOAN, jointly providing no-cost consultation at all the major RIA conferences in 2019. This initiative is based on two key trends in the marketplace:

1. Based on SRG deal data from 2018, almost three-quarters (73%) of all deals rely on bank financing;

2. Finding a knowledgeable and reliable source of capital has proven challenging for SRG clients, despite the spike in the number of lenders and recruiters trying to provide or broker loans.

Portland, Ore. (April 4, 2019) – Succession Resource Group (SRG) is announcing a new alliance with Pinnacle Commercial Capital (Pinnacle) to provide advisors a lending solution unlike those of SRG’s existing lending partners.

Portland, Ore. (March 20, 2019) – Succession Resource Group is pleased to announce the sale of Rex Brenton and Karen Curry of Willamette Financial Group (WFG) to Jon D. Lawry and W. Nick de Freitas of Lawry | de Freitas Wealth Management. The sale represented over $81 million in assets under management in the Portland, Oregon metro area.

Portland, Ore. (Feb. 26, 2019) – Succession Resource Group is excited to announce the sale of Denver-based advisor Dorothy “Dot” Mechtenberg of Dot Mechtenberg, Inc. to Scott Forsyth of Capital Management Group. Both advisors are under Geneos Wealth Management, a boutique Colorado based RIA and independent Broker-Dealer. The sale represented over $75 Million in assets under management transitioned with all assets being retained on the Geneos platform.

Portland, Ore. (February 11, 2019) - Succession Resource Group (SRG) is excited to announce the 4^th transaction of the 2019 calendar year, with the sale of Boston based RIA – Fieldstone Financial Management to FourStar Wealth Advisors. FourStar is led by CEO Brian Kasal, who has taken his already successful Chicago based RIA with approximately $117 million in assets under management in its first five years in business to $350 million with this acquisition.

PORTLAND, Ore. (Jan. 21, 2019) — Succession Resource Group, Inc. (SRG) is publishing its fifth annual review on the M&A activities of RIA and securities professionals, recapping 2018 deal data and trends drawing on $88 million in third-party advisor sales and $6.7 billion in AUM transferred^[1]. Based on the deals completed in 2018, total deal volume was up 37% and is expected to continue to increase into 2019, poised to see record deal volume should there be any major sustained market corrections. Other key findings listed in the 2019 Advisor Mergers and Acquisitions:

Portland, Ore. (Nov. 30, 2018) - Succession Resource Group (SRG) is excited to announce the sale of their client Steve Berman of Berman Investment Advisors (Berman) to The Mather Group (TMG) who was recently listed on InvestmentNews Top 25 Fastest Growing $1 Billion+ RIAs list and Barron’s Top 100 Independent Advisor list.

Portland, Ore. (Oct. 16, 2018) – Succession Resource Group (SRG) is excited to have facilitated Bloomfield Hills Financial (BHF) with the completion of its third acquisition, representing a combined $428 million in acquired assets under management with offices in five states.

Free Consultation Pre-Registration is open for Conference Attendees

Portland, Ore. (July 19, 2018) – Succession Resource Group (SRG) is excited to participate in the 2018 LPL Focus Conference in Boston, MA, from July 29 to August 1, and will be bringing three industry experts to provide free one-on-one consultations in their private meeting area at booth #30. These sessions will be focused on providing advice from experts with more than 30+ of combined experience who work with LPL advisors everyday.

Portland, Ore. (November 8, 2017) - Succession Resource Group (SRG), the leading provider of succession and valuation services to advisors, is pleased to announce that Kristen Grau, CPA, CVA has earned the designation of Certified Valuation Analyst (CVA) from the National Association of Certified Valuators and Analysts (NACVA).

“Congratulations Nicole, and thank you from all of us at Succession Resource Group. We have been honored to work with you and have you a part of our team these past five years. Your focus on assisting clients, dedication to timeliness, and sense of humor are a wonderful asset to our team and clients!” – The SRG Team

Portland, Ore. (September 13, 2017) – As we close out August, this now marks the five-year anniversary of Succession Resource Group (SRG), a consulting firm dedicated to help financial service professionals value, improve, protect, grow, and plan for the transition of their business. Founded in 2012 by David Grau Jr., SRG has grown to a team of eight dedicated professionals and was recently included in Portland Business Journal’s 100 Fastest Growing Private Companies.

Portland, Ore. (June 26, 2017) – Succession Resource Group, Inc. (SRG), a Portland based succession consulting firm, is proud to be ranked as one of Oregon’s fastest growing private companies in the Portland Business Journal’s top 100 list.

(PORTLAND, Ore. — Feb. 20, 2017) Succession Resource Group, Inc. (SRG) published its third annual review of advisor acquisition activity, recapping 2016 data highlights and trends, drawing on more than $46 million dollars in third-party aggregate advisor sales prices ($5.6 billion in aggregate AUM transferred). SRG presented its findings to a live audience in its presentation titled, “2016 Financial Advisor Merger & Acquisition Annual Review” providing the status of the macro environment for deals completed in 2016 (excluding data from internal succession plans) for independent Registered Investment Advisors and Registered Representatives. Based on SRG’s data, the average sale price for financial services firms held steady in 2016, with no change in the year-over-year growth in value paid per dollar of recurring revenue (referred to as the recurring gross revenue multiple), and a slight decline in the year-over-year growth in value paid per dollar of commission revenue (referred to as a non-recurring gross revenue multiple).

PORTLAND, Ore. – Succession Resource Group, Inc. (SRG) is pleased to announce a new strategic partnership with First Affirmative Financial Network LLC, which is a wholly owned subsidiary of FOLIOfn, Inc., specializing in sustainable, responsible, impact investing. Through the new partnership, SRG will expand the available succession resources, expertise, access to tools and information, as well provide reduced fees as a new partner with advisor succession planning.

(PORTLAND, OR – Jan. 16, 2017) – Succession Resource Group, Inc. (SRG) is pleased to announce a new strategic partnership with Independent Financial Group (IFG), to expand the firm’s existing contingency and succession solutions. The partnership will bring the outside expertise and resources of industry expert, Succession Resource Group, to the company’s more than 600 advisors worldwide.

(PORTLAND, OR — April 12, 2016) Succession Resource Group, Inc. (SRG) published its second annual review of advisor acquisition activity, recapping 2015 data highlights and trends, drawing on more than $31 million dollars in third-party sales. SRG presented its findings to a live audience in its presentation titled, “2015 Financial Advisor Merger & Acquisition Annual Review” providing the status of the macro environment for deals completed in 2015 (excluding data from internal succession plans) for independent Registered Investment Advisors and Registered Representatives selling for less than $10 million.

PORTLAND, OR, March 16, 2016 – Succession Resource Group, Inc. (SRG) is pleased to announce a new strategic alliance with The Penn Mutual Life Insurance Company and its independent broker-dealer and Registered Investment Advisor, Hornor, Townsend & Kent (HTK), to expand the firm’s existing succession and teaming solutions. The partnership will bring the outside expertise and resources of industry expert, Succession Resource Group, to the company’s more than 1,000 advisors nationwide.

(PORTLAND, OR – January 21, 2016) – Succession Resource Group, Inc. (SRG), a succession and acquisition consulting firm for advisors is pleased to announce a new strategic alliance with, and development of strategic resources for Silver Oak Securities, Inc., a fast growing regional broker-dealer and Registered Investment Advisor based in Jackson, Tennessee catering to approximately 150 advisors nationwide.

(PORTLAND, OR – November 13, 2015) – Succession Resource Group, Inc. (SRG), the industry leader of acquisition and succession solutions for financial advisors, is pleased to announce a new strategic alliance with Sigma Financial Corporation (Sigma) and Parkland Securities, LLC (Parkland), broker-dealers based in Ann Arbor, Michigan. The alliance is designed to raise awareness and provide access to tools and expertise to ensure every Sigma and Parkland advisor is leveraging practice acquisition and succession planning as short- and long-term growth tools.

Financial Advocates and Succession Resource Group Partner to Expand Acquisition/Succession Resources for Advisors

SCF Securities and Succession Resource Group Team to Expand Acquisition/Succession Resources

(PORTLAND, OR – January 29, 2014) – Succession Resource Group, Inc. (SRG), the proven leader of acquisition and succession solutions and consulting for advisors in the financial services industry, is pleased to announce a new strategic alliance with SCF Securities, Inc., one of the industry’s premier boutique broker-dealers based in Fresno, California.

Succession Resource Group Expands Team and Focus to Insurance Industry

(PORTLAND, OR – January 27, 2014) – Succession Resource Group, Inc. (SRG) the industry leader providing personalized acquisition and succession solutions to the financial services industry has added Don A. McLaughlin, CLU, CLF, ChFC, MSM to its team of experts. Prior to joining SRG, Don served as Director of Business Development with Principal Financial Group consulting on acquisition, succession, contingency and transition planning for their Career Distribution leaders, advisors and reps nationwide. His deep understanding of the insurance industry and his passion for helping perpetuate businesses has made him a sought after expert. This addition to the SRG team expands the firm’s ability to provide thought leadership on succession planning to the insurance industry – a topic on which the entire industry is now focusing.

United Planners Financial Services Announces LEAPS Program to Assist Advisors with Acquisition and Succession Needs

Successor Search Solutions include Coaching, Business Valuation and Succession Blueprint

PacWest Wealth Partners, based in the Portland metro area, is looking to add an experienced team member to join their fast growing independent financial services firm. The firm currently has three partners spanning multiple generations, as well as a robust support team and turnkey office setup with five locations around the state which has allowed the firm to grow quickly, both organically and through acquisition. The firm’s mission is to provide families peace of mind through collaborative financial advice.

Succession Resource Group Launches to Provide Acquisition and Succession Solutions to Help Broker-Dealers and Custodians Support Their Advisors