May 2023

Maximize Your BD Relationship First

Maximizing your broker-dealer relationship can be crucial to your success as a financial advisor or broker. Here are five ways to make the most of your broker-dealer relationship…  Communicate regularly:  Communication is critical to any successful relationship, especially for your broker-dealer relationship. Regularly communicate with your broker-dealer about your business goals, challenges, and opportunities. This […]

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PRACTICE VALUATION 101

A financial advisor can use several methods to value their practice. Here are some of the most common ways: Multiple of Revenue: This method involves multiplying the practice’s annual revenue by a specific factor, ranging from 1 to 3 times revenue. The multiple used depends on factors such as the size of the practice, the

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