Good time to sell your firm, study shows
Recurring revenue fee ratio continues to rise; down payments getting larger, too
Advisers who sold their firms last year got better prices and terms than those who sold in 2010, according to data collected by broker FP Transitions LLP.
The average price for a practice sold last year rose to 2.33 times recurring fee revenue, from 2.31 in 2010. The data are from the 176 deals
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