Three partners grossing $2.9 million on $400 million plus in AUM
Insufficient support to promote growth; an exit strategy
A rival willing to provide junior brokers, incentives for higher growth
An advisor still in the growth phase looking to join up with a broker closer to retirement
The current firm wouldn’t facilitate a union that would benefit both.
A firm with the flexibility to merge the pair’s practice and foster growth
A father-son team grossing $1 million in fee-based business.
The manager didn’t understand the value of their financial planning process.
A regional firm beefed up support and boosted their payout and provided resources to grow.
An advisor with strong connections to centers of influence in his locality; $1.2 million in gross.
The regional firm decided to shutter the branch where this advisor had deep connection.
Set up an independent advisory firm where the advisor could continue and expand the practice.
A wirehouse advisor working as a discretionary broker-as-portfolio-manager
This advisor was paying for services he wasn’t using, dampening his earnings potential and the value of his practice
Move to an RIA that enabled him to pay only for the overhead that helped him make his practice more successful.
An advisor at a small independent broker dealer
A new owner with serious financial and reputational issues
Another independent b-d with even better technology and succession planning capabilities
An independent advisor with largely transaction-based business
She wanted to switch the practice to fee-based portfolio manager-style and needed more support – none of which the firm could help with
A regional firm willing to help her make the transition with the proper assistance
An advisor ready to exit the business
The practice was mostly transactional and most buyers prefer fee-based businesses
A buyer who would pay based solely on assets under management, not gross production
A team grossing $2.5 million on assets of $300 million
Their boutique firm’s product offering and technology were weak
A wirehouse with a fuller product menu and substantial support system that helped them trim overhead costs and grow their business