From RIABiz
Added on October 2013 in M&A Issues
1 visitor like this article | Viewed 5651 times | 0 comment
Summary: Fidelity Institutional Wealth Services recently held the inaugural M&A Idea Exchange as part of their expanding mergers-and-acquisitions and consulting program for advisory firms. The sole purpose of the gathering was to discuss the state of M&A and how to better support the industry’s growth through M&A.
From aRIA
1 visitor like this article | Viewed 4193 times | 0 comment
Summary: Too few advisors have a coherent business plan and many choose to ignore key structural issues. Independents are guilty of some of the same questionable practices of which they accuse wirehouse reps. Advisors who believe they are well-positioned to sell their businesses at the end of their careers for a decent price are, for the most part, mistaken. The objective is to help avoid “catastrophic outcome” for advisors ignoring warning signs
From Nerd's Eye View
Added on October 2013 in M&A Issues
1 visitor like this article | Viewed 5971 times | 0 comment
Summary: As the financial planning profession matures, there is a growing interest in the opportunities to buy and sell financial planning practices, both for investors, for existing firms looking to grow, and for new planners looking to enter the business. However, industry statistics suggest that relatively few deals are happening (and are generally only for larger firms).
From Think Advisor
Added on October 2013 in Join an RIA
1 visitor like this article | Viewed 4520 times | 0 comment
Summary: Mark Tibergien has long warned about the looming talent shortage in the advisor industry. Pershing, where Tibergien released a report that quantifies the shortage and explores how successful advisors are bypassing the shortage by taking significant human capital steps now. How the advisor demographic challenge can be solved to everyone’s benefit—including clients
From Financial Planning
1 visitor like this article | Viewed 4462 times | 0 comment
Summary: For financial planners, succession plan, or lack there of, merits attention regardless of the amount of assets they manage. Clients care about who will takeover their assets if something happens to their advisor.
