Added on September 2017 in M&A Issues
0 visitor like this article | Viewed 3333 times | 0 comment
Summary: “There are no shortages of opportunity to sell a financial advisory business,” says Matt Matrisian, senior vice president of Strategic Initiative sat AssetMark, which provides investment, relationship and practice management for those firms.
Added on September 2017 in M&A Issues
0 visitor like this article | Viewed 10 times | 0 comment
Summary NEWPORT BEACH, Calif. -- No, it really isn't a seller's market in the RIA M&A space. In fact, on the contrary, says Dan Seivert, CEO of Echelon Partners, the M&A consultancy and investment banking firm.
Added on September 2017 in M&A Issues
0 visitor like this article | Viewed 4186 times | 0 comment
Summary: Increasing sophistication around independent RIA support was vital to the merger this past week of breakaway wealth shop Syntal Wealth Partners and a prominent Merrill Lynch team in Dallas. But friendship and complementary skill sets – forged over more than a decade – were the real catalysts, say those who made the deal.
Added on August 2017 in M&A Issues
0 visitor like this article | Viewed 3821 times | 0 comment
Summary: It’s coming to pass as industry watchers have predicted time and again through the last twenty years. With baby-boomer financial advisors surging into and past traditional retirement age their RIAs are changing hands at an ever-faster pace. But some experts warn this activity comes at a steep price – not least in emotional terms for the seller.
Added on August 2017 in M&A Issues
0 visitor like this article | Viewed 4240 times | 0 comment
Summary: RIA owners often ask “What is my firm worth?” Many believe valuation multiples are relatively uniform across the RIA spectrum. In fact, valuations vary greatly, and are driven by what we call “sustainability.”
