More financial advisors than ever are growing their businesses through strategic acquisitions.

Acquiring an existing practice is an excellent strategy for rapid growth, complementary to the organic growth of your own practice. One of the biggest challenges inherent in this strategy is connecting with interested sellers. Many advisors receive virtually no assistance from their firm in finding or acquiring available practices. Toby Richey & Associates has extensive relationships with wealth management firms with robust resources for actively and aggressively acquiring practices for their advisors. We can expertly guide you through the process of engaging with these firms. The wealth management firms we represent take varying approaches in facilitating purchases up to and including:

  • Managers dedicated to constantly prospecting for interested sellers on behalf of advisors.
  • In-house financing with repayments made on a pre-tax basis.
  • Contributing substantially toward the total purchase price of a practice.

Contact Toby Richey & Associates today and let us help you develop a strategy to fast-track the growth of your practice.

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