If M&A transactions and the financing behind them are handled like widgets on a conveyor belt, an advisor’s ‘partnership’ with their broker/dealer may not be as strong as they thought.
The Elevate program will consist of webinar meetings, video lectures and workshops focused on organic growth, human capital, scale and efficiency, and business valuations.
Without a detailed succession plan, financial advisors risk not being able to sell in time, selling for less than their practice is worth and a litany of other potential problems.
The former UBS advisor on how the benefits of a fiduciary obligation to clients, as opposed to corporate shareholders, is made even clearer during times of crisis.
During times of crisis, top performers keep hiring, closely monitor their expenses, continue growing their client base and invest selectively, according to FA Insight.