Date Published: October 24, 2016
Summary Power Point Deck: 41 Slides
Reference Power Point Deck: 584 Slides
The purpose of this research is to provide readers with a detailed understanding of recent fee-based financial advisor mergers & acquistions. While this topic has become quite popular throughout the fee-based financial advisor industry, little reliable and consistent market data exists because many transactions take place between related parties and/or acquirers do not disclose the terms of their transactions. That said, similar trends have played out across other financial advisor markets with more public data, including amongst insurance agents & third-party administrators, CPA & law firms, and even real estate agents & mortgage brokers. As a result, Tiburon’s primary objective is to summarize a common set of facts for all market participants. If your firm is for sale or if you are seeking to acquire a fee-based financial advisory firm, this research should be a useful reference. This research topic is one in Tiburon's series of Financial Advisor Mergers & Acquisitions topics. Furthermore, this research compliments Tiburon's Financial Advisor Succession Planning and Fnancial Advisor Sale Process research. Tiburon's Financial Advisor Succession Planning research provides a step-by-step plan for planning for succession. Tiburon's Financial Advisor Sale Process research provides a step-by-step plan for selling an advisory firm. These three topics together support Tiburon's Financial Advisor Succession Planning & Acquisitions research.
This research summarizes the market growth in fee-based financial advisor mergers & acquisitions, and highlights the leading fee-based financial advisor acquirers.
And this research makes several predictions, including:
- Number of Independent Advisor Mergers & Acquisitions to Increase Substantially
- Four Types of Acquirers (Financial Advisor Aggregators; Strategic Buyers; Competitors; & Employees) to Continue to Dominate
- New Group of Independent Advisor Aggregators to Succeed
- Strategic Buyers (CPA Firms & Banks) to Return
- Mid-Tier Independent Advisors to Capitalize on Fill-In Opportunities
- Hybrid Advisors to Become Leading Acquisition Targets