Deals, valuations, earn-outs, succession and breakaways: the business of buying and selling advisory firms. Selected by our editors.
11 videos and podcasts · new this week: 5
It gives advisors and ria-ma watchers a look at one minority-capital model that is pitched as letting founders keep ownership and decision-making control while gaining growth resources. The segments on data infrastructure and private-market access touch on operational questions firms face when weighing outside investment or expanded investment offerings.
For advisors considering a breakaway, it offers a first-hand account of partner alignment, client trust and the operational realities of moving a large team. It also covers how retention and a new-business pipeline were described after launch.
For advisors weighing a sale, the episode focuses on the terms behind the headline multiple and on what life after a transaction can look like. It also covers buyer types and how preparation and representation factor into evaluating options.
It is a manager's account of two structures that increasingly touch wealth portfolios: minority stakes in alternative managers and roll-up strategies in sectors outside mainstream buyouts. The discussion of diligence criteria for founders and of returning capital to LPs during a pivot is useful context for allocators assessing GP relationships.
For owners thinking about a sale or partnership, the episode frames preparation as an operational and data exercise rather than only a valuation conversation. It also flags the non-financial factors buyers reportedly examine, such as team strength, documented organic growth and cultural fit.
New manager videos, podcasts and our own ria m&a stories on My Desk and in your morning edition.
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