Succession Planning: Buy/Sell Practice

Looking to purchase a book of business in the Austin/San Antonio area. Been in the business 7 years. Currently at $60mm with 120 or so clients. Thankful for any insight!

Thinking about leaving the wire house channel in about 4 years time and I should be at $900k In production. I’ve been looking at Ameriprise recently since I like their approach to “supported independe… more

I'm a minority owner in a small and growing lifestyle practice. Are there any organizations out there that would purchase my shares knowing that the business will continue to be lifestyle only?

Transitioning to Indy channel, and would like to see if anyone is looking to exit the business in the next 2-3 years. I am looking to purchase a practice. I am a CFP, AAMS and working on ChFC currentl… more

I’m currently a wire house FA who received assets from a retiree. I likely have 4 years before I’d be able to move my book of business, but I definitely want to move to an Indy channel. When should I … more

Thinking about making the jump to advising and wanted to hear thoughts on the best way to find a way to join a FA as a junior advisor with the plan to be the successor and buy the book. Have 5 years o… more

Anyone looking for a women partner/succesor in the Seattle area?

Shot in the dark…Any independent/hybrid advisors seeking a female successor?

I’m a solo practitioner with about $250 million in assets and T-12 of $1.5+ million with just 98 households. I’m interested in having a Junior advisor take on additional responsibilities plus take the… more

When selling practices, I was always under the impression the practice would be sold based on 2-3x trailing 12 rev.
Is it typical for practices you currently work for to do some sort of equity o… more

I’m aware of a large practice for sale in Walnut Creek, CA ($300M in assets) 39% fee and one in CT closer to $140M in AUM. 97% fee. Both require a hybrid advisor willing to change BD firms. Let me kn… more

I want to buy in Montana, Idaho, or Wyoming.

Anyone looking for a junior partner in Kansas City area?

I am a junior advisor of a team in a book around 400mm, 3mm in revenue. When I was hired, I was told that my job was to be groomed to eventually take over the book. But now, the senior partner wants m… more

Has anyone had a client go from a regular "C" corporation to an LLC? I've heard it isn't as easy as if seems...and that they would be better to go to a subchapter "S".
more

Established buyer backed by a solid firm seeking $1m+ in fee and commission generating revenue from sole practices and teams (based on T-12 production and AUM) to integrate into our system across the … more

Looking for a senior advisor in North Atlanta that is looking to slow down and ultimately semi retire and retire while finding a good for for themselves as well as their clients

Looking for advice on building an additional office in Northern Palm Beach County Florida. I enjoy organic growth, but looking to scale quickly in the new location. I’m open to aligning with partner… more

Looking to buy a book (roughly $10m-$30m) to add to my current book, in the northern Illinois or southern Wisconsin area. Currently a hybrid structure. Open to discussions. Thanks!

What does a typical succession plan look like when you work into a book of business? Say 5 or 6 years of working alongside each other prior to full transfer of business

Looking for a fee only IAR book to work into or purchase over the next couple years, I’m younger with series 7, 66, 24, and all Ohio insurance licenses.

I'm looking to buy a Spokane, WA area practice.

2 independent RIA’s wanting to explore a possible merger. Looking for a consultant, coach or advisor who can walk us through how to evaluate, considerations, steps to take, red flags, etc. Anyone wil… more

Anyone in SE Louisiana looking to sell a book of business?

Anyone in N Atlanta looking for a partner so you can eventually transition to Pre Retirement and Retirement? I am 25 years in business, CFP and 90pct fee based and looking to add the right fit.

Spokane, WA new hire comp: They pass test (I reimburse) then pay starts. Year 1: $40K & 10% comm. Year 2: $30K & 20% comm. Year 3: $20K & 30% comm. Year 4: $10K & 40% comm. Year 5: 50%… more

Is anyone considering merging given the current environment? My practice was in the process of interviewing new hybrid independent broker dealers and hear some are no longer recruiting. Thoughts?

I'm adding a brand new FA, probably as a W-2 initially. Any suggestions on compensation?

Anyone in metro DC looking to transition out?

Looking to work into or purchase a book, series 7, 66, 24 and all insurance licenses. Location is not a concern.

Anyone in North East Ohio looking to phase out?

Anyone in Indianapolis area looking to transition out soon? Seems to me no one is wanting to let go at the top which makes me scratch my head a little.

25 year indy Looking to buy a practice in the New Orleans, Slidell, Mandeville area. PM me to discuss. Thanks!

Looking to buy practice in Kansas City.
PM me for details.

Anyone looking to sell a book in Central Mass?

Our goal is to add advisors since we are in a growth mode across the US in twelve offices. We’re offering culture, significant payouts, succession planning, and more. RSVP to Connie.

Looking for small book in Minneapolis and surrounding areas.

Looking to reach out to retiring advisors to see if they have succession plans in place. Is there a list out there that has advisor contact info?