The coronavirus crash is prompting many older advisors to leave the business. That makes it a better time than usual for advisors to acquire a practice. It’s still a lopsided seller’s market, with about 50 prospective buyers for every practice for sale. But the odds have still improved.
So, what’s the game plan that’s likely to lead to success for financial advisors who want to buy a practice?
I share my thoughts on this in a ThinkAdvisor article here.