A LENDING DIVISION OF FIRST STATE BANK NEBRASKA

Guide to Acquiring a Financial Practice – Free Download

There are many ways to grow your practice.

One of the fastest ways to grow is by acquiring another established book of business.

Whether it’s your first time buying another business or your third, there are always many opportunities to make the process better and avoid costly mistakes. This guide provides an outline of the entire process, from locating a book of business to purchase, all the way through to transitioning clients over to your company.

 

In each section, we highlight key considerations and present you with a variety of options so you can cultivate a path that makes the most sense for you and your unique situation. Specifically we outline how to:

  • Locate a book of business to buy
  • Evaluate a book of business for fit
  • Secure a valuation
  • Get help structuring the deal
  • Key considerations
  • How to fund the purchase