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How to Monetize Your Life’s Work in the Long-Term


How to Monetize Your Life’s Work in the Long-Term

While the freedom and flexibility of the independent space is attractive to many, it’s the long-term economic potential that’s the real draw for entrepreneurial-minded advisors.

An expanded landscape has paved the way for breakaway advisors to monetize their businesses in the short-term, with a growing number of ways to fund start up, de-risk a move, and replace lost unvested deferred comp.

For those with their sights set on longer-term goals, the potential has become even greater. As the delta between taking a recruiting deal versus building an independent enterprise diminishes, more advisors are taking the leap than ever before. And M&A in the space has never been more active.

What’s behind the massive growth of the space? What’s the real long-term potential for advisors considering a leap to independence?

Click below the image to listen to this episode as Mindy has invited Louis Diamond, Executive Vice President at Diamond Consultants, to share his experience in counseling breakaway advisors and facilitating M&A deals for independent business owners.

Together they’ll discuss:

  • The 6 drivers behind the M&A boon
  • The 8 factors that determine a firm’s valuation
  • Standalone RIAs who are actively recruiting
  • Private equity-backed rollups acquiring, or buying equity in, smaller RIAs

Related: What Non-Protocol Status Means for Those Considering Independence

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