TITLE

Thinking of Buying a Practice?

AUTHOR(S)
Ritchlin, Lance
PUB. DATE
November 2008
SOURCE
Journal of Financial Planning;Nov/Dec2008 Practice Management Sol, p7
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses steps that financial planners should take when they decide to purchase a financial planning business. The author recommends that buyers research the company they are interesting in purchasing to determine if the company would work well with their existing business. The importance of ensuring continuity to clients of the company being purchased is discussed. Information is provided on the amount of money financial planners should pay up front when purchasing a company. A chart that lists 10 tips to purchasing a financial planning business is presented.
ACCESSION #
35199997

 

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