Blog
Select Topic:
.png?width=458&height=280&name=Blog%20Header%20Image%20(6).png)
Posted by FP Transitions on June 28, 2022
Surviving Deal Fatigue
Despite the continued surge of wealth management M&A activity, one surprising fact remains: most of these market participants are engaging in a transaction for the very first time. While there are aggregators and larger RIAs that will continue to...
.png?width=458&height=280&name=Blog%20Header%20Image%20(4).png)
Posted by FP Transitions on June 8, 2022
M&A Mid-Year Update
We just got back from Fort Lauderdale where we spoke at the WealthStack RIAEdge conference for WealthManagement.com. James Fisher, FP Transitions’ Vice President of M&A spoke with several advisors onsite. We wanted to take some of the questions...
Posted by FP Transitions on June 3, 2022
Applying Our Own Advice to Ourselves, Not Just Our Clients
"Think about those future goals."
"Hold steady and don't react to the market."
"Remember, we have a plan and it's still well on track."
Throughout the market roller coaster of the Pandemic and now with 2022 rearing its head, advisors are getting...
Posted by FP Transitions on March 29, 2022
Succession Planning Course Corrections
Succession planning is a critical, foundational element in building a sustainable business. Incorporating new talent into your ownership structure is a process that takes continuous planning, evolution, and monitoring. When done correctly,...
Posted by FP Transitions on March 22, 2022
An Unsolicited Offer to Buy – Is It Time to Sell?
The market for wealth management firms has dramatically changed. 20 years ago, people didn’t see resale value in these businesses. When an advisor retired, they hoped they’d find someone who would agree to take over their book. As the industry...
Posted by FP Transitions on January 3, 2022
The Sell and Stay® Strategy
Everyone has a unique vision of their future; we’re all trying to forge a path with our careers to that end goal where we can take a big breath and simply enjoy the life we’ve earned. While we might have an idea of the specific journey we will...
Posted by FP Transitions on August 31, 2021
Leveraging the FPT Open-Market Advantage
When it's time to sell your financial advisory practice, knowing the value of your business is just as important as finding the right buyer. But as you begin exploring your options, determining who will be the right buyer to take over your business...
Posted by FP Transitions on August 20, 2021
Debunking Five M&A Myths
During our 2021 Mid-year Market Update, in addition to up-to-date transaction data and trends, our experts, M&A Director James Fisher, JD and CEO Brad Bueermann, explored some myths and misconceptions about the current M&A marketplace.
The problem...
Posted by FP Transitions on August 19, 2020
Process Overview: Selling Your Business on the Open Market
Selling your business is a big decision. The good news is that demand is high and you have many options for structuring your exit. You also have many places to conduct your buyer search: reaching out to your professional and community networks,...
Posted by FP Transitions on July 30, 2020
Considering Key Staff During the Sale of Your Business
It’s hard to keep secrets in a small office. The rooms are tight, the walls are thin, and it’s just a matter of time before everyone knows everyone else’s business. Even when an owner has quietly decided to sell their practice, they should assume...
Posted by FP Transitions on April 30, 2020
Offers in the Mail
For many financial advisors, it has become commonplace to receive unsolicited offers in the mail. The offers to buy practices usually promise a competitive valuation and purchase price, great terms and future opportunities, and are backed by...
Posted by FP Transitions on September 27, 2019
Plotting Your Exit
When should you start developing your exit plan or succession plan?
The short answer is: start the planning process early. Successful internal succession planning can be a 10- to 15-year process so give yourself adequate time. For advisors who want...