2 min read
Why It’s a Bad Idea to Hold on to Your Practice Until You Retire
Many advisors with 30 plus years of service under their belt approach the last phase of their career in pretty much the same fashion. They take their...
Todd Doherty serves as Vice President for Advisor Legacy, where he helps advisors navigate the entire M&A process from start to finish. With over 15 years of senior leadership experience in financial advisor firms, Doherty knows first-hand what it takes to grow a successful practice. His specialties include growing practice value, succession and acquisition strategy and planning, business valuation analysis, and operations. Doherty works closely with his team to help advisors make smart decisions and successfully execute practice sales and acquisitions.
2 min read
Many advisors with 30 plus years of service under their belt approach the last phase of their career in pretty much the same fashion. They take their...
1 min read
Despite the challenges of fluctuating markets, practice valuations have reached an all-time high. Since January 1, 2020, we have completed over 400...
2 min read
Your financial planning practice is likely your largest asset. Understanding its potential value is critical to making smart business decisions. One...
2 min read
When financial advisors think of valuations, they often think of them in relation to mergers and acquisitions. But valuations are useful for more...
2 min read
When it comes to selling a practice, advisors have many options available to them. Since most advisors are new to the selling game, the options can...
2 min read
As you near the point of finally exiting your practice, either through internal succession or outside sale, one of your main goals becomes maximizing...
4 min read
You spend decades building your practice. During that time, you cultivate and nurture strong relationships with your clients and your staff. With so...
4 min read
The decision to sell your practice can weigh heavy on you. Often, many questions plague your mind. Will you sell to the advisor you know down the...
1 min read
Any smart business owner knows that it’s not enough to generate revenue. You also must generate a comfortable profit in order to offset the risks of...
1 min read
Over the past several years, advisors have seen the value of their practice steadily grow. As a result, many retiring advisors have enjoyed premiums...