: A popular choice offering up to 10-year repayment terms and flexible collateral requirements.
: Recurring fee-based revenue is valued much higher than one-time commission revenue.
: Practices with younger, "next-generation" clients (Millennials and Gen Z) often command a premium. Common Deal Components : Down Payment : Usually 30% to 40% of the purchase price. buy a financial advisor practice
: Your own broker-dealer may have a "treasure trove" of information on advisors planning to exit.
: Review the firm's SEC Form ADV , historical audit results, and any pending litigation. : A popular choice offering up to 10-year
: Payments contingent on future revenue or client retention, typically lasting 3 to 7 years . Critical Due Diligence
: Specialty lenders like Oak Street Funding or SkyView Partners provide industry-specific financing that can sometimes cover up to 100% of the deal. Common Deal Components : Down Payment : Usually
Success depends on looking "under the hood" to ensure the practice is sustainable: