Wealthy clients and skilled staff boost firms' value

10/18/2011 | AdvisorOne

Advisory firms are commanding higher prices than other types of professional practices in the market for business sales, the owners of FP Transitions say. Factors that can boost a firm's value include having more licensed employees, a recurring revenue stream and more affluent clients. Meanwhile, firms can lose value when their client base is older than average or when assets are concentrated with too few clients.

View Full Article in:

AdvisorOne

Published in Brief: