Your Transition Team & Nonadvocacy Support (Excerpt)

Posted by FP Transitions on Mar 9, 2017 8:09:21 AM


The following sections are excerpted from the book Buying, Selling, and Valuing Financial Practices by FP Transitions president and founder David Grau Sr., JD.

Let's highlight the importance of having a strong transition team in your corner as either a buyer or a seller. In fact, it's important to have a comprehensive team when jumping into most business evolutions, including (but not limited to) entity creation, compensation restructuring, and internal succession planning.

Assembling and Managing Your Team

Advisors who want to buy or sell a business will need some help to do the job right. A typical team for this purpose will include:

- A qualified valuation analyst

- A tax professional

- A lawyer

- Someone familiar with your regulatory structure and your IBD/custodian’s rules & procedures

- A qualified and impartial intermediary

To be clear, this list applies to both buyers and sellers. Both parties typically need their own team, with some slight overlap.

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Topics: Selling Your Practice, Acquisition, Buying & Selling, "Buying, Selling, and Valuing Financial Practices", Published

NEW BOOK - Now Available

Posted by FP Transitions on Aug 31, 2016 10:42:55 AM

Our new book Buying, Selling, & Valuing Financial Practices - The FP Transitions M&A Guide is now available. Order your copy here, and watch the video below to find out why our President & Founder, David Grau Sr., JD decided to [literally] write the book on Mergers & Acquisitions for the financial services industry.

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Topics: Acquisition, M&A, Business Value, Buying & Selling, "Buying, Selling, and Valuing Financial Practices", Published

What's Next...[VIDEO]

Posted by FP Transitions on Nov 24, 2015 1:00:00 PM

We've got some exciting news for 2016: a new book!

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Topics: Announcements, Buying & Selling, "Buying, Selling, and Valuing Financial Practices", Published

Don't Just Take Our Word For It

Posted by FP Transitions on Oct 14, 2014 9:00:00 AM

We've been telling you that the recent release of Succession Planning for Financial Advisors: Building an Enduring Business by David Grau Sr., JD, is going to challenge everything advisors think they know about succession in the financial services industry.

But of course you know that succession is a passion of ours here at FP Transitions, and it's true that David is our president and founder. So, don't just take our word for it. The book's Amazon page is quickly filling up with comments from financial advisors like you about the invalubility of David's insight and clarification of one of our industry's most pressing issues: 

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Topics: Succession Planning, "Succession Planning for Financial Advisors", Published

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