The ABCs of a Successful Acquisition

Edge TV brought to you by Sponsored Content WealthManagement Edge>WealthStack The ABCs of a Successful Acquisition What’s the one essential factor in the successful acquisition of an advisory firm or practice? Susie McEuen knows.

 

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Total transparency on the part of buyer and seller about financials, business operations and their personal intentions is critical in any advisory business acquisition or sale, advises Susie McEuen, vice president of strategic markets at Oak Street Funding. Other insights: Lenders like Oak Street prefer when sellers stay on to help buyers, as well as when parties use an impartial consultant to create a buy-sell agreement.
 

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Originally posted on: https://www.wealthmanagement.com/wealthstack/abcs-successful-acquisition