Lifestyle” practices where the owner can’t pay anyone to run the business aren’t of any interest to potential buyers at all."
Todd Thomson, chairman, Dynasty Financial Partners
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Summary: A RIA’s size, the demographics of its clientele as well as its advisor force, and the owner’s ability to negotiate are the three main factors buyers use to value an advice practice, says the Wall Street Journal.
Lifestyle” practices where the owner can’t pay anyone to run the business aren’t of any interest to potential buyers at all."
Todd Thomson, chairman, Dynasty Financial Partners
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