The Psychology of Dealmaking in Advisory RIA M&A Transactions
Navigating Emotional & Behavioral Triggers for Success
Three Major RIA Growth Mistakes to Avoid
For most advisors and RIAs who own their firms, growth is the ultimate goal, whether through organic strategies, M&A activity, or some combination thereof – and for good reason. Without growth, firms run the risk of losing clients they can’t replace, missing the chance to capitalize on massive opportunities like the great wealth transfer, and falling too far behind competitors to catch up. But with a few adjustments to right-size common mistakes, advisors can capture growth opportunities and set their firms up for future success, whether that means selling the business or passing it down to the next generation within the firm.
2024 Advisor Mid-Year M&A Update
Watch the Replay Related Resources For Advisors Seeking Acquisitions Practice Acquisition Checklist → For Advisors Ready to Enter the Marketplace Our 2024 Mid-Year M&A Infographic Report → For Growth-Minded Advisors Guide to Increase the Value of Your Business → For Advisors Preparing to Sell or Transition 5 Things To Do Before You Sell Your Business → Grab A Valuation We offer a variety of solutions and turnaround times to fit your needs. Join myCompass Our membership club grants you inside tips and opportunities to grow. Review our Seller Services We’re here to ensure you secure the best buyer, price and terms.
2024 Mid-Year Advisor M&A Highlights
Originally released on July 17, 2024, Succession Resource Group’s semi-annual Advisor M&A Update provides guidance to thousands of financial advisors preparing to grow, transition and sell their advisory firms. This report’s findings are based upon 45 deals completed from January through June of 2024, shining a spotlight on the greatest opportunities, challenges, and trends facing the wealth management industry today. Download our digestible infographic to learn about the current valuation multiples for RIAs, deal structures, the changing landscape of advisor financing, and much more. DOWNLOAD NOW
2024 Advisor M&A Highlights
Originally released in February 2024, Succession Resource Group’s semi-annual Advisor M&A Update provides guidance to thousands of financial advisors preparing to grow, transition and sell their advisory firms. Download our infographic to learn about the 2024 valuation multiples for RIAs, deal structures, the changing landscape of advisor financing, and much more. DOWNLOAD NOW
Teaming Advice When Preparing for a Merger
If you’re showing up to virtual presentations or conferences, you’ve likely noticed a recurring topic that’s been buzzing around the industry: teaming up and preparing for a potential merger. Hopefully, you’ve sat in on a few of these discussions, and if you’re reading this you’ve probably considered a teaming scenario to some extent. Many advisors we’ve worked with find the concept intimidating, however, with the right approach and some careful planning, you can navigate this process like a pro. So, let’s dive right in!
Expanding Your Practice: Key Tips (Ep. 6)
Acquiring a Financial Practice? Avoid These Common Points of Contention
For anyone who has siblings, or is raising siblings, you might be familiar with the “Fair Share” tactic. Two siblings are told to share the last cookie in the jar. One sibling is tasked with splitting the cookie, while the other gets to choose which half of the broken cookie is theirs to enjoy. Doing so ensures that each sibling gets a fair share of the treat, despite their personal interest, with minimal bickering in the end.
Acquiring a Financial Practice? Avoid These Common Points of Contention
Introduction For anyone who has siblings, or is raising siblings, you might be familiar with the “Fair Share” tactic. Two siblings are told to share the last cookie in the jar. One sibling is tasked with splitting the cookie, while the other gets to choose which half of the broken cookie is theirs to enjoy. Doing so ensures that each sibling gets a fair share of the treat, despite their personal interest, with minimal bickering in the end.
2023 Advisor M&A and Equity Highlights
In 2022, we saw challenging employment conditions and financial markets. However, merger and acquisition activities in the finance industry remain strong! In today’s economic environment, the looming instability continues to bring many M&A aspects into question for both growing and selling advisors. If you’re contemplating buying or selling a financial practice, or are looking to stay current on industry developments, this infographic will highlight the most interesting industry trends and data from 2022. Download our digestible infographic to learn about the current valuation multiples for RIAs, deal structures, the changing landscape of advisor financing, and much more. DOWNLOAD NOW