How much are you worth? It’s a question advisors spend every day discussing with their clients, often without considering that question for their own firm. That’s where a valuation comes in. The most common reason advisors seek a valuation is to prepare for a sale or merger of their business. There are other motivations …
Mike Wieger
February 13, 2023
What will happen to your practice if something happens to you? It’s a question far too many independent financial advisor-owners avoid, and it’s a problem. Not having a plan in place in the event of your sudden death or incapacitation could put your business, your clients, your team and your family at risk. A business …
Greg Opitz
January 17, 2023
The financial industry has long been aware of an impending shift: the “great wealth transfer,” spurred by an aging population that has amassed vast resources. And as baby boomers move to their next phase of life, that crop of retirees includes many financial advisors as well. Roughly 20% of advisors are 65 or older, according …
Liz Milacek
October 6, 2022
There has never been a better time for advisor-CEOs to explore growing their business through M&A. Two key trends are fueling opportunities for significant growth — if you’re ready to take your business to the next level. The first trend changing the RIA landscape is the demographic shift taking hold as baby boomers transition out of …
Michael Belluomini
July 28, 2022
Mergers and acquisition activity in the wealth management space is hot. What’s driving this wave of deals? M&A gives advisors the chance to create even better practices by combining with others. Larger firms tend to generate more value through economies of scale and through teamwork versus smaller or solo practices. In addition, roughly 37% …
Michael Belluomini
July 15, 2022