Building a More Valuable Practice – Tip #4
David Grau Jr.
Tips 1 | Tip 2 | Tip 3 | Tips 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 […]
May 2017 – Central Texas – $360,000
March 2016 – Florida – $85,000
Kristen Grau
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 […]
SRG Newsletter – April 2016
Stay up-to-date with Succession Resource Group through our newsletter. We will keep you appraised of: Tips for Success Current Seller Listings Practices We Just Sold Upcoming Events And More… To Download Our April 2016 Newsletter, Click Here
10 Steps to Becoming a Better Buyer
Demand for financial services practices has never been higher and despite industry demographics, the trend is likely to continue for the foreseeable future. While buyer-to-seller ratios for advisory practices vary based on the source, from 50:1 on some industry auction sites to a more conservative 10:1 observed by Succession Resource Group (SRG), there are some buyers […]
2015 Financial Advisor Merger & Acquisition Annual Review
(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 […]
Penn Mutual Aligns with Succession Resource Group
(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 […]
