Articles by Bridgemark Strategies

The process of determining the worth of any business is known as “valuation." And if you've built a financial advisor business, you ought to know how to determine how much your financial advisor business is worth. Business owners don’t just go through this process when they need to sell their business. They might determine their company’s value when securing new investors or even applying for business financing, but most importantly for many financial advisors, it may be a part of your estate and retirement planning as often the value of a financial advisor’s business may be one of their largest assets. Read on to learn more about evaluating your business' worth. If you have any other questions, remember to contact our team at Bridgemark Strategies for a complimentary consultation. Get Your Answers Compare Your Business to Others (Market Value) This method is less direct and requires some research on your part. [...]

There was a time when financial advisors were reliant on the size of their Rolodex and how close they were to Wall Street to grow their business. However, the advent of technology, more high-net-worth clients seeking out personalized services, and increased transparency from a fiduciary have led to a new class of wealth management professionals called Registered Investment Advisors (RIAs). […]