Those ready to sell are picky. Pricing and deal terms rank last in the decision-making process."
David Grau, FP Transitions. |
A Buying Binge Ahead Could Push Up Practice Values
Chris Latham | Financial Advisor IQ, August 2014
Read the article online >Summary: If you’re looking for an attractive practice to buy in the next five years, you’re not alone, according to WealthManagement.com. There seem to be far more would-be buyers than sellers of advisory businesses at the moment, which gives sellers the edge. At the same time, many sellers are more interested in pursuing the best outcome for themselves and their clients than in getting the highest price for their firm.