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,...
Objective valuations and equity insights to price, benchmark, and guide decisions.
Hands-on M&A support from structure to negotiations, listings, and closings.
Systems, coaching, and assessments to streamline operations and grow team performance.
Protect continuity, formalize entities, access lending resources, and membership benefits.
To compete with robo advisors, changing business models, and other market challengers, advisors need to deliver the services clients value most. Over the past five years the demand for both financial advice and financial plans have skyrocketed. Yet only about half of advisors provide any type of formal financial planning. This despite the fact that financial planning services increase both client loyalty and wallet share.
Why it matters: Higher netflows per household group generates higher revenue per client. The result is a more profitable practice.
Getting It Right: The secret to realizing the benefits of offering financial planning is to have a consistent, repeatable, and efficient process. This is achieved by:
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,...
In today’s M&A environment, how a deal is structured often matters more than its headline price. Credit is tight. Interest rates are high. Dealmakers...
Struggling to close deals when buyers and sellers won’t agree on value? You’re in good company. As of 2023, about 26 percent of private company...