Building a More Valuable Practice – Tip #4
David Grau Jr.
Tip 1 | Tip 2 | Tip 3 | Tip 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 […]
2017 Advisor M&A Highlights
David Pan
Join us as we delve into the 2017 Advisor M&A Highlights and discuss another exciting year for the financial services industry with increased RIA and advisor consolidation, changes in compliance and the Department of Labor Fiduciary Rule, and the tax reform — all of which had a direct/indirect impact on the value of RIA and […]
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 […]