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Succession Planning: Buy/Sell Practice

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For those advisors interested in buying and selling advisory practices.
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Posting as :
works at Pathfinder Financial Services
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Pathfinder Financial Services

Looking to buy a financial planning practice in/around St. Louis, MO

Posting as :
works at Creative Financial Network
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Creative Financial Network

Does anyone know a basic rule of thumb to value and agency not just a book?

Posting as :
a Portfolio Analyst
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Portfolio Analyst

looking for guidance on purchasing books of business. Succession Link has proved fruitless. Are their introducing brokers/consultants that can guide us? We are looking for any size book, in the Midwes… more

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Posting as :
works at Ameriprise Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Ameriprise Financial

Looking for practices in Oklahoma and Arkansas to possibly purchase.

Posting as :
works at Waddell & Reed
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Waddell & Reed

Buying books available in NC SC GA

Posting as :
works at Northwestern Mutual
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Northwestern Mutual

I am in process of buying a Lincoln book. About 500k in revenue. We used a third party to value it, Key Management Group. They produce great reports on the practice you're looking at acquiring

Posting as :
works at 1st Financial Investments, Inc.
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at 1st Financial Investments, Inc.
Posting as :
works at TruVestments Capital
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at TruVestments Capital

Let’s hear from the sellers. Find the oldest person you know here and invite them!

like
Posting as :
works at Capstone Financial Partners
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Capstone Financial Partners

Looking to buy a book in Virginia. Let me know if any opportunities please.

Posting as :
works at New York Life
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at New York Life

Looking to buy a book in the nyc / Long Island area

Posting as :
a Financial Planner
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Financial Planner

Looking to buy a book in Colorado if anyone knows of anyone

Posting as :
works at Morgan Stanley
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Morgan Stanley

Looking to buy or acquire/merge practice in Bellevue. Our 2 advisor team has experience farming books and getting higher revenue so the payoff to the seller/sunsetter is greater. Please let me know if… more

Posting as :
a Financial Services Professional
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Financial Services Professional

How much does a book of business of 1mm and under usually cost?

like
Posting as :
works at Beacon Capital
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Beacon Capital

Looking to buy in IA or MN - also interested in FIA books.

Posting as :
works at Ameriprise Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Ameriprise Financial

Looking to buy in Utah (SLC) anyone interested in a convo?

Posting as :
an Assistant Vice President, Financial Advisor
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Assistant Vice President, Financial Advisor

I am a fairly young advisor about 8 Years in business and fairly successful about 700k a year in revenue I am looking for anyone who is thinking about succession over the next 3 years to team up with … more

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Posting as :
works at JW Cole Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at JW Cole Financial

Looking to aquire a book in Phoenix.

like
Posting as :
works at Ameriprise Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Ameriprise Financial

Would any of you be willing to pay a finder's fee if I found you a practice to purchase?

Posting as :
works at Gateway Financial, LLC
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Gateway Financial, LLC

Looking in primarily Ohio or surrounding States

Posting as :
a Regional Vice President, Financial Advisor
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Regional Vice President, Financial Advisor

Looking to grow my practice by acquisition I am CFP,CPA,MBA located in Carlisle PA. (Central PA) Please let me know if you are interested in talking about your succession plan. Thanks!!

Posting as :
an Investment Advisor
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Investment Advisor

Looking to purchase in Texas. Primarily in Austin, San Antonio, South Texas region.

like
Posting as :
works at Ameriprise Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Ameriprise Financial

Has anyone hired a consultant to find them a practice to purchase? I'm not asking about the big players like KMG or Succession link.... I'm asking if you've worked with an individual contr… more

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Posting as :
works at Lexington wealth Management
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Lexington wealth Management

Looking to buy RIA or for advisors to join in MA

Posting as :
a Certified Financial Planner
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Certified Financial Planner

Fee-only RIA looking to buy in North Florida, Georgia, Alabama and Mississippi.

like
Posting as :
works at McAdam Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at McAdam Financial

In terms of value, how does one figure out value of a book? AUM vs FIA business? Any basic formulas out there that are standard?

like
Posting as :
works at Skybox Financial Group │Registered Investment Advisory
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Skybox Financial Group │Registered Investment Advisory

Anyone here had success in purchasing a book? If so, would love to hear about transaction and how it went.

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Posting as :
a Vice President
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Vice President

Looking to buy in WA or OR

like
Posting as :
works at Oppenheimer & Co
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Oppenheimer & Co

Lots if buyers but we know of many, many deals that have been made. Reaching out to advisors at the wires who are contemplating retiring is effective.

like
Posting as :
works at Security Financial Management, Inc.
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Security Financial Management, Inc.

Www.joinsfm.com. We are a firm based in Central Florida. Also have branches in Ohio. If you are looking to jo… more

Posting as :
works at A.E. Noble & Associates
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at A.E. Noble & Associates

Looking to expand in Pittsburgh, PA and Bozeman, MT.

Posting as :
works at Skybox Financial Group │Registered Investment Advisory
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Skybox Financial Group │Registered Investment Advisory

Any sellers out there? Where do we find the old dudes?!

like
Posting as :
works at LPL Financial
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at LPL Financial

Bucks County, PA. Depending on size of book can purchase immediately or being a longer term succession plan.

Posting as :
works at Gateway Financial, LLC
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Gateway Financial, LLC

Looking to buy in Ohio.

Posting as :
works at Skybox Financial Group │Registered Investment Advisory
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Skybox Financial Group │Registered Investment Advisory

https://genesisam.wistia.com/medias/5xgpezzsat

Amazing results. Mike Williams is partner in… more

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Posting as :
works at August Wealth Management
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at August Wealth Management

Looking to buy in Maine/ New England.

Posting as :
works at Skybox Financial Group │Registered Investment Advisory
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Skybox Financial Group │Registered Investment Advisory

Awesome! In Florida looking to purchase. Let's get some more advisors in here

Posting as :
works at McBee Advisors, Inc.
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at McBee Advisors, Inc.

I'm in Phoenix and am looking to purchase a book to help expand.

Posting as :
works at Skybox Financial Group │Registered Investment Advisory
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Skybox Financial Group │Registered Investment Advisory

Wells - curious. Where are you and are you buyer/seller? I'm guessing buyer and all the stats I read are completely in our favor, yet I feel like books of business should be going for sale every … more

Posting as :
works at Wells Fargo
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Wells Fargo

Let's grow this puppy. Deals Deals Deals!

Posting as :
works at Wells Fargo
▸ Succession Planning: Buy/Sell Practice
You are currently posting as works at Wells Fargo

I just invited a few peeps we will see if we can "come to a deal"

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