Is it Time to Make Your First Acquisition? Financing for RIA Professionals
Strategic reasons to grow by buying another firm
If you’ve grown your RIA firm to the point at which you’re contemplating the idea of an acquisition, congratulations! The fact that you’ve reached this milestone reflects well upon your skills as a business owner, and suggests that you’re also a successful advisor to your clients.
Your firm currently provides a significant source of income for you. Achieving growth by expanding through an acquisition may make it possible for you to build long-term wealth that can provide greater financial security and more opportunities.