From FP Trsanitions website:

"What is the ratio of buyers to sellers?

At this time, there are approximately 40 buyers for every seller. This ratio allows a seller to carefully select a buyer who is a close match in terms of personality, location, business model, price and terms."

Looks like our boy Marcus has himself backwards.

Yeah I emailed FP Transisitions and they told me that the map that shows what is currently available is up to date and correct and there is nothing to gain from membership(i.e Additional listings)

This is my understanding of it

Marcus,

Thanks for the input. I have been actively pursuing a practice over the last two years. I am very familiar with FP. Unfortunately, there are are many more buyers than sellers. I have been implementing many marketing ideas to find a practice. They include lunches and dinners for independent advisors interested in selling, cold calling, FP access, etc.

For the independents out there, any advice on how to connect with advisors looking to sell? I know the independents have many programs to make sure they keep the assets "in house" through an advisor transition package, but I need to know how to efficiently market to independent advisors so I can finally find an independent advisor that is a good fit for me to to purchase. Thanks guys.

[quote=advisor12]

Marcus,

Thanks for the input. I have been actively pursuing a practice over the last two years. I am very familiar with FP. Unfortunately, there are are many more buyers than sellers. I have been implementing many marketing ideas to find a practice. They include lunches and dinners for independent advisors interested in selling, cold calling, FP access, etc.

For the independents out there, any advice on how to connect with advisors looking to sell? I know the independents have many programs to make sure they keep the assets "in house" through an advisor transition package, but I need to know how to efficiently market to independent advisors so I can finally find an independent advisor that is a good fit for me to to purchase. Thanks guys.

[/quote]

dude, if you spent half the energy on building a book and finding your own clients, you wouldnt need to go and buy a book of business.   Seriously, I am sure I am not the only one when I say it, but I am sick and tired of every one of your posts being about you wanting to buy out another practice.

Hi All-

I'm at a big wire house.180AUM 400k recurring revenue. I am just now considering a sale. If I did this internally (meaning sell to another advisor at my firm) what would a fair price be? How the hell would I go about this? Any opinions advice or guidance is appreciated