New App Provides Valuation of FA Practice

The Value of Your Financial Advisory Practice

  • Financial Advisory Practice Valuation

  • A new web based software tool for financial advisors can provide you with a free valuation on your advisory practice.

    Financial advisory practice acquisition has been a “hot” topic this past year and the acquisition trend looks to be the way of the future.  But how do you determine the value of your practice?

    I have been introduced to a very useful web based software tool which will help you do exactly that!

The tool was developed by a financial advisor and his team of software engineers. 3xequity valuation tool allows an advisor to input information about their practice including

  • revenue generated
  • re-occurring revenue
  • assets under management expenses
  • number of clients and their average age
  • net increase or decrease in assets over the past 12 months

The 3xequity tool then calculates for the advisor a dollar amount valuation and three potential “deal” structures.  (Similar services will cost an advisor between $1000-$1500 and may take up to two to three weeks before delivering a dollar amount valuation!)

In addition, and in some cases, for no charge, 3xequity offers a detailed benchmark report outlining the specific categories the valuation was based on.

This 24 page  report offers ways the advisor can increase the value of his practice with only a few minor changes. This is a great tool for an advisor wanting to value his own practice or an advisor looking to purchase another advisor’s practice.

Call me, and I will walk you through the process:  480-361-9415

www.3xequity.com

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New App Provides Valuation of FA Practice
Article Name
New App Provides Valuation of FA Practice
Description
A new web based software tool for financial advisors can provide you with a free valuation on your advisory practice. Financial advisory practice acquisition has been a “hot” topic this past year and the acquisition trend looks to be the way of the future. But how do you determine the value of your practice?
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