When an independent financial advisor’s thoughts turn to the possibility of M&A activity or financing to assist in their exit from the business, where do they go? 

For the vast majority of RIA’s – those who see anywhere from a quarter of a million to $3M in gross revenue on an annual basis and represent 95% of the RIA industry – financing for an exit or M&A activity is all about internal financing or what is frequently referred to as a seller financing deal, said David Grau Sr., CEO and president of FP Transitions, a provider of consulting, valuation and succession plan services to independent financial advisors.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access