From Financial Planning
Added on October 2015 in M&A Issues
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Summary: Even how they marry intimacy to scale, perhaps it’s no surprise that, in recent years, large regional advisory hubs known as offices of supervisory jurisdiction have proven increasingly popular.
From Financial Advisor IQ
Added on September 2015 in M&A Issues
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Summary: Too many advisors rush into acquisitions of other practices, risking being unable to make the transition and losing clients in the process, The Wall Street Journal writes. Avoiding such pitfalls calls for preparation and self-control, experts tell the paper.
From Financial Planning
Added on September 2015 in M&A Issues
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Summary: CAPTRUST Financial Advisors is in the middle of finalizing its second merger since July after the firm entered into an agreement to fold Parker Carlson & Johnson Investment Management into its wealth management unit.
From Wall Strret Journal
Added on September 2015 in M&A Issues
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Summary: Some advisers dream of acquiring another practice. Their wish list may include doubling their assets under management and creating a regional or even national presence.Such things are possible if an acquisition goes well. Not every deal is a winner, though. Firm cultures may not mesh, the paperwork may be overwhelming and clients may leave, taking assets with them.
From Fimancial Planning
Added on September 2015 in M&A Issues
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Summary: Planners have to team up – and bring in an outside investor – to rapidly grow. For example: family office veteran Rick Flynn, who’s spent years serving ultrahigh-net-worth clients, just doubled the size of his new firm.
