It is no secret that potential mergers and acquisitions (M&A) are complex business agreements that take considerable time and analysis to bring to fruition. The truth is plenty of M&A specialists invest dozens of hours in discussions pertaining to a potential merger or acquisition only for the deal to fall apart amidst negotiations. Let’s take a look at why mergers and acquisitions sometimes fail. […]
The language used in your financial advisory firm’s buy-sell agreement can make the difference between a transition that proves mutually beneficial to both parties or one that results in costly and frustrating litigation. If you are considering selling your practice, it is in your interest to lean on a proven consultant to prevent potential challenges that chew up your time, patience and money. Our consultants have more than 80 years of combined industry experience helping financial advisory firms of all types and sizes. […]
Non-compete and non-soliciting agreements contain complex legalese, and it’s important to understand the fine print and language of these clauses so you don’t get stuck in a contract you don’t want. You might be tempted to gloss over important phrases, but be aware that these agreements may impact your future and your relationships with your clients. If you are considering signing an agreement or have already signed an agreement, you should always seek legal counsel to best understand your rights and options. At Bridgemark, our financial advisor consultants have worked with hundreds of advisors over the years. Many advisors have had some variations of these agreements and we are here to provide invaluable guidance. […]
Selling a financial advisor practice is not a DIY endeavor. The valuation process might not seem that complicated at first glance, but this challenge will chew up your time and energy. You may choose to consult with an expert in order to get an accurate and fair value for your financial advisory firm. Let’s take a quick look at the best approaches for calculating fair value for your firm. […]
