3 Tips to find practise for sale

3 Tips for Finding a Practice for Sale

Many people are searching for ways on how to find practice for sale but it’s really difficult to find one since there is no eBay, no public billboard and never publicly advertise. Below are the tips for finding Practise for Sale: 1. Let everybody know that you are in the market to acquire. 2. Knock on the doors 3. Reach …

Marketing to Millennials: The Financial Planner’s Essential Guide

Marketing to Millennials: The Financial Planner’s Essential Guide

The stereotypes and media narratives about millennials are legendary. They’re selfish. They’re lazy entitled narcissists who still live with their parents. It’s the ‘Me Me Me’ generation. They spend all their time on Facebook and Snapchat and they need to be ‘parented’ to do the right thing in the workplace. But a recent Australian survey, Investing in Millennials, debunks many …

6 Emerging Tech Trends for Financial Planners in 2017

As the classic saying goes, if you’re not green and growing, you’re dead and dying. In an age where disruption is the new ‘black’, financial planning advisers and wealth management companies that are not on the innovation curve may find themselves a step behind the bold, disruptive players. With Fintech businesses and new software applications on the rise, the financial …

What’s Your Business Worth? Why Expert Market Appraisals are a Must

Are you a baby-boomer financial planning advisor thinking about succession planning? Perhaps you want to acquire a financial planning practice as part of your growth strategy? Or maybe you’re going through a corporate breakup and it’s time to take stock. Whatever the reason, knowing the value of your firm, where you stand in the marketplace and what to expect from …

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How to Decide If a Buyer is a Good Strategic Fit for Your Business

To sell your financial planning firm, you need to think about more than just the numbers. You’ve only got one shot to sell to the right buyer. The entire process can turn into a daunting experience if you lack the understanding of how to identify the ideal type of buyer and without the experience and industry connections to find the …

8 Steps You Need to Take Right Now To Sell Your Financial Planning Firm in 2017

Warren Buffet says that “risk comes from not knowing what you’re doing”. You may be running a successful and thriving financial planning practice but do you know how to sell it to the right buyer at the right price? If the perfect buyer strolled through the door tomorrow, would you be ready to launch into the sales process? Many practice …

[Survey results] Will the nimbleness of small practices leapfrog large firms?

Following on from our article earlier this year that examined the results of the Centurion Industry Snapshot, we thought we’d take another look at this data and whether the size of a practice, specifically its revenues, had an impact on the planner’s views of the market, growth targets and potential exit strategies. The survey asked our clients a number of …

Advice makes a difference – practicing what we preach

Financial planners, like many others in the professional services space, are in the business of selling ‘advice’. Advice around how, where, when, why and what decision making is required to accumulate and protect assets at various stages throughout their lives. Often this advice is about assisting clients to avoid making poor decisions and choices. Often, the most critical time for …