11min chapter

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Should Internal Succession Plans Provide A G2 Discount For Lack Of Affordability?: Kitces & Carl Ep 136

Kitces and Carl - Real Talk for Real Financial Advisors

CHAPTER

Navigating Valuations and Succession in Financial Advisory Firms

Exploring the intricacies of valuations and profit margins in financial advisory firm transactions, discussing typical multiples and profit margins seen in the industry. The chapter also recounts a scenario where a founder faced challenges with succession planning due to low-profit margins and a unique buy-in offer for next-generation advisors.

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