Negotiating Non-Compete Terms in a Practice Sale: What Every Seller Should Know
Thinking about selling your practice? Before you sign, ask yourself: could that non-compete clause cost you your next opportunity,...
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Hands-on M&A support from structure to negotiations, listings, and closings.
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The financial advisor industry is rapidly approaching the crest of its retirement wave, yet many advisors nearing retirement don’t have a succession plan in place.
Industry research shows that four out of ten advisors will retire in the next 5-7 years, while some broker dealers report that nearly half of their advisors will retire in five years or less. Less than 20% of these advisors have a succession plan in place.
Why it matters: Without a succession plan, advisors put their practice and themselves at great financial risk and limit their options for how and when they execute their transition.
A 35-year veteran of the industry, Whitbeck’s experience, industry knowledge, and track record make him a powerhouse ally for financial advisors and industry leaders. With certified third-party business valuations, legal and lending support partners, and a proven acquisition process, Whitbeck and his team of experts have helped hundreds of financial advisors build, manage, protect, and successfully transition their practice.
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Thinking about selling your practice? Before you sign, ask yourself: could that non-compete clause cost you your next opportunity,...
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