M&A Department

 

About our Aquisition & Legacy Services

Buying, selling, or transitioning a practice are generally once-in-lifetime events. Most advisors do not fully understand the complexities involved in these processes - including the emotional consequences of these life-changing decisions. Our M&A Experts offer services to help walk you through every aspect of these transitions.

We provide expert guidance at every step - from valuing your business, to considering tax consequences, negotiating deal terms, protecting against attrition, preparing your clients for the transition, and moving through the transition with the opposite party. We can also help advisors plan for the unknown with our Continuity Planning.

Our primary goal of every service is to ensure that you are 100% confident in all the decisions made about your practice so that you have absolutely no regrets when all is said and done.

Our specific Acquisition & Legacy Services are listed below. (For Business Valuations - please see our Assessment Services).

Escrow for Financial Practice

Loan Escrow Service

Map

An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.

Escrows are very useful in the case of a transaction where a large amount of money is involved and a certain number of obligations need to be fulfilled before a payment is released. For example, the sale of a financial advisory practice often contains an attrition clause which requires certain metrics to be met before a portion of the purchase price is paid to the Seller. The funds necessary to pay the Seller are held in the Escrow Account and released upon the agreed upon transfer date. The Seller, upon the sale of the financial advisory practice, will know that the funds are available rather than wondering if the buyer has the funds.

Read more
Turnkey Continuity Planning

Turnkey Deal Support Service

Map

Buying or selling a financial planning practice is one of the biggest transactions that one can make. Mistakes can be extremely costly, and all too often, the terms agreed upon have loopholes and shortcomings, leaving one or both parties vulnerable. Our professional team of experts is here to assist both parties in completing a fair and equitable arrangement. This package includes all steps from assessing the value of the practice, negotiating the deal, forming a transition plan, writing a legal agreement, and providing expertise and guidance along the way. Both parties will walk away with the peace of mind to know the deal was handled correctly.

Read more
Acquisition & Succession Consulting

Acquisition & Succession Consulting

Map

Navigating the complexity of succession planning issues can be a challenge. In addition to price, there are many more factors to consider when buying, selling, merging, or transitioning a practice. Our experts know exactly what steps to take to ensure a successful deal for all parties involved. Our Consulting service can provide you with guidance and support for all aspects of your transition.

Watch this short introduction video to our Advisor Legacy services
Read more
Turnkey Continuity Planning

Turnkey Continuity Planning

Map

 Recent studies show that as few as 17% of financial advisors have an actionable succession plan, and fewer than half have a continuity plan to protect their heirs in the event of their death or disability.

Given that one's financial planning practice is likely his/her largest financial asset, why would they not have a protection plan in place?

Read more