Edward Jones folks: there’s an EJ FA selling his book not far from me. I’d like to buy it. How does your noncompete work, is this a possibility, etc. this may be more than a forum comment can explain.
Succession Planning: Buy/Sell Practice
I am interested in acquiring practices at TD, Interactive Brokers, or LPL. Louisiana, Texas, Mississippi would be ideal, but I have a footprint in several other states. Message me at email@example.com
Selling book of structured autocalls brokerage..all purschase when market was down with 6-12 month left to mature... 6467848487 cell....LPL preferred
Any ideas on the variables of pricing a book? Seems to be all over the place. Just looking for something fair to both parties.
“Today is a good day to sell.” - Klingon Financial Advisor Proverb. Anyone selling a book/practice? We have a large national footprint. Also interested in those that want to merge in and sell later.
Looking to buy RIA book in Los Angeles, preferably custodied at TD Ameritrade or Fidelity. Looking in the $10-30 million range, whole or partial books. Email me at firstname.lastname@example.org.
How do you find firms/books of business to buy? All the posts on here are buyers looking for sellers. Where do you go to find someone looking to sell or retire?
I’m looking to buy partial/whole books of business, preferably all fee-based, in the 10mm-20mm AUM range in Ohio
In regards to a retention clause in a buyout, is there usually a maximum loss percentage? Example - I am acquiring a firm...
Anyone looking to sell (Military Veteran-Heavy) book? Ideal Individuals for me and extremely rewarding. #SemperFidelis
Anyone in Louisiana looking for a partner? Looking for someone that’s interested in Fee-only, CFP(coming soon), passionate and vocal about fiduciary standard
How do you determine the value of an agency. We do mostly protection products but also a few million in advisory. The BD side seams straight forward. It’s the insurance side that’s hard
Ability to purchase two additional books over the next nine months and we typical compensate five to six times earnings
Looking to buy a practice in the St. Louis, MO area if an advisor is ready to consider retirement, could transition over 1-3 years as desired.
How does one actually finance the purchase of a book of business? I’m assuming you put a cash down payment...how much? Does a bank finance the rest, or your BD?