What is your practice worth?
During the first quarter, there were 24 mergers and acquisitions in the RIA space…that’s a record since 2003, according to RegisteredRep as reported on April 15 by Halah Touryalai.
As recruiters at Willis Consulting, we’ve definitely seen a return and an upwards trend in the negotiations that were going on back in 2008 before the market and financial decline.
In the past two months alone, our client and advisor contacts interested in pursuing RIA M&A deals have confirmed there is a large pool of potential purchasers out there…even small RIA’s are looking for deals.
This all leads to negotiating a valuation you can live with and convincing your clients the sale is in their best interest – that’s where the true value of an experienced and knowledgeable recruiter comes into play!!