Rep in my office is leaving to go back into the family biz. We're in a
wirehouse. He wants a check for his book, any ideas how to value this
thing? I thought a check for $45,000, based on the short transition and too
much of it commission based.
30 Mil assets, 300K trailing 12. 100% commission based. Retired clients,
needs income (bonds and some equity income stocks). All local to my
office. Broker will stick around 2 months to help transition.