The worth tags of tons of of M&A offers for registered funding advisory companies draw many of the consideration every year, however the tax implications reverberate for much longer.
By means of interviews with 5 consultants in RIA M&A transactions and brushing by means of the accessible analysis about offers involving any small companies, Monetary Planning compiled the next 25 tax suggestions. The important thing issues for consumers and sellers embrace entity construction, the allocations in a given transaction, planning methods corresponding to charitable presents and an array of different potential tax elements to contemplate round any RIA M&A deal.
FP interviewed the next 5 consultants to assist assemble the under steerage for monetary advisors searching for to promote their RIA or different small enterprise house owners pursuing a transaction:
- Stan Gregor, CEO of Parsippany, New Jersey-based registered funding advisory agency Summit Monetary
- Christopher Toumajian, chief monetary officer of Torrance, California-based RIA agency EP Wealth Advisors
Scroll down the slideshow for 25 tax suggestions for RIA consumers and sellers in M&A offers.