Sunday, April 14, 2024

Dan Seivert on How Advisors Can Maximize the Worth of Their Follow


As extra advisors shift towards considering of their enterprise as “a enterprise,” the precedence has change into the long run—with an emphasis on maximizing the worth of what they’ve constructed.

But maximizing worth isn’t solely to have an effect on a sale or transition: It’s about figuring out one of the best companions, practices, and procedures to assist construct a stronger and extra sustainable enterprise that may serve shoppers and foster development nicely into the long run.

So, what’s it that drives enterprise valuations?

Dan Seivert, one of many wealth administration business’s main specialists on the subject, joins the present to share key components that affect the worth of an advisor’s enterprise.

Because the founder and CEO of ECHELON Companions – a boutique funding financial institution targeted on M&A and succession planning for the wealth and funding administration industries – Dan’s agency additionally offers sell-side, buy-side, and merger advisory providers to wealth and funding managers looking for strategic development, partnership, and succession options.

ECHELON’S M&A Deal Stories are an business customary, offering information and perspective on exercise on a quarterly and annual foundation. Plus, the Offers & Dealmakers Summits and Webcasts characteristic among the business’s most influential voices on M&A, technique, management, and options for deal-making.

On this episode, Dan sits on the opposite facet of the desk with Louis Diamond to debate important data on the heels of ECHELON’S 2023 Deal Report. They talk about:

  • Driving enterprise worth in any respect ranges—no matter the place advisors construct their companies.
  • The place enterprise valuations stand right now—and the place they could be headed.
  • The most recent M&A tendencies—and what advisors ought to concentrate on.
  • The rise of personal fairness—and the way this impacts advisors at wirehouses.
  • And the important thing components that set one of the best enterprise other than all others.

Dan has a novel perspective on what makes an advisor’s enterprise engaging to a possible vendor, and he offers actionable recommendation on what advisors can do now to arrange for the long run.

It’s a novel interview with an business thought chief that may assist advisors higher perceive their enterprise’s worth drivers, find out how to maximize every, and what’s essential to learn about valuations going ahead—even in case you aren’t curious about going impartial.

Obtain a transcript of this episode…

Hearken to extra episodes of Mindy Diamond on Independence: A Podcast for Monetary Advisors Contemplating Change

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