Articles
New RIA Lender Challenges Live Oak
Barrons.com - RIAs, your options for borrowing money to fund succession or acquisition plans are increasing. For more than half a decade, Live Oak Bank has offered advisors loans backed by the Small…
New Player in RIA Funding Challenges Live Oak
WealthManagement.com - In October 2012, Live Oak Bank debuted its investment advisory lending business, bringing a much needed shot of liquidity to registered investment advisory firms that often…
Succession Lending Falls to Merrill Lynch in Polo Classic Final
In the twenty-ninth annual Polo Classic on Sunday, August 5, Succession Lending fell to Merrill Lynch with time running out in the first overtime chukka 10 to 9. The Polo Classic final hosted an…
Succession Lending M32 Captures Match Cup
On Sunday, June 24, the Succession Lending M32 won the Wayzata Match Cup amidst a world class field of competitors. Four Marstrom 32 catamarans, towering at over 60 feet tall, competed in front of an…
IBD Buyers Outnumber Sellers 50-1; Are Sellers Really at Fault?
Historically, 90% of IBD advisors do not sell their practice at retirement. Instead, the senior advisor slowly decreases their time, service, terminates client relationships, maintains a few select…
Client Attrition: How Many Clients Walk After Acquisition?
Client attrition rates are crucial to assigning M&A transaction risk in any industry. As the consolidation of the wealth management industry looms, historical M&A transaction client attrition…