Financial Advisory Firms
The temptation to sell financial advisory firms in the current business climate is strong in many financial advisors. The emerging trend of consolidation by national and international firms through the purchase of local and regional financial advisory companies means the potential for top dollar may be here. The issue for many financial advisory firms, however, is that they either do not know where to start or how to go about marketing their firm to help ensure that all of their objectives are met.
The only way to truly take advantage of the active mergers and acquisitions (M&A) market is to work through a proactive M&A firm familiar with the marketplace. To that end, we have developed adviserXchange to help financial advisors who want to sell a financial advisory business streamline the sale process. Our advisory services are available to clients requiring comprehensive M&A services when they go to sell a practice. We also have available a basic listing and referral service called the Practice Exchange.
Helping Owners of Financial Advisory Firms Sell Their Practices Through AdviserXchange
If you're like most busy advisors, your firm needs comprehensive services if you do not have the time to actively market your firm to--and qualify--potential buyers on your own. All buyers wanting to participate in our programs are required to provide a detailed profile to adviserXchange. These profiles highlight the background, objectives and financial wherewithal of the buyer to help ensure the right match for both parties. The power of this profile system is truly felt when you sit at the negotiating table with a compatible buyer.
A critical first step in the financial advisory firm sale process is to determine the value of your own firm. Once a valuation range has been established, it allows our team to promote your business to qualified buyers at a price that doesn't undersell your years of hard work. The result of these focused marketing efforts utilized by adviserXchange are that you will ultimately draw the right buyers to your firm. The ultimate bottom line is that both buyers and sellers of financial advisory firms who use adviserXchange will benefit from dealing with an M&A firm that focuses solely on their industry.
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