How to SELL Your Financial Advisory Business, as a Financial Advisor

Today we discuss the valuations of financial advisory businesses, and how to go about selling yours if you are in the industry. Selling a business can be difficult, especially in the financial industry, and hopefully this will help.

Josh Olfert is a professional CFP financial advisor and the Founder of Haven Wealth Management investment fund based out of Winnipeg Canada. Through this channel Josh shares his knowledge of wealth accumulation and personal investing to the world, in an effort to improve financial literacy and help everyone achieve their financial goals.

All numbers and figures discussed in this video are purely for illustrative purposes and are not to be taken as financial advice.

[Micro_.Learning]

As a college intern working in mergers and acquisitions this is really insightful for those who don’t understand what all goes into the process of a retiring financial advisor. Not all advisors have a firm/predecessor to acquire their books and it’s a fascinating process. Thank you for your information.

[luketroutner]

Hey josh do you think you could do a video explaining different jobs surrounding the stock market and why you chose Financial Advisor as opposed to the others?

[brianliu]

Thanks Josh! can you share what valuation software mentioned in the video?

[jessecordoba]

Love your Channel! Im currently in the process of obtaining my Series 7 & 66. Are there any updated books you would recommend reading as a new advisor starting out?

[jackkilgallen]

Hey Josh, I love your videos! I’ve been interviewing for financial advisor positions with several firms but my catch is that I’m a marketing major. Without as much knowledge as someone with a bachelors in finance, how do I get the demand for my services from individuals in order to be compensated in the first couple years?

[MiguelFernando]

Don't worry - we'll get you growing that book in no time :)

[GavinEtter]

Hey Mr.Olfert,
I was wondering if there was anyway I could setup a meeting to discuss my financial state. I am currently 19 and have 7, 000 in my savings account. I don’t know what I should do exactly with it. Do I invest in a mutual fund, stocks, or just keep in my savings account?
Thank you,
Gavin

[AdamSchaefer]

I just started in college to achieve my bachelors in finance so that I have a foot in the door to be a financial advisor. Any suggestions besides the classes in college, as in should I be doing other things to prepare for a financial advisor, and if so what might those things be?

[marie-louiseleroux]

I'm actually tired of worrying about stocks. it's driving me nuts these days, I think crypto investment is far better than stock made over $16k in a week.

[mainstreamdetailing]

Josh I really need some help Can you give me a call 📞 I’m learning about this financial adviSory and I think I got scammed