Compensation · Relocation · Capital Gains
A top Advisor with a $5M Book is sitting on a real asset, not just a very good job. Your Firm pays you a fraction of what it's worth. We've spent thirty years helping the Street's top Advisors see what their Book commands, and get paid like owners instead of employees.
Know Your Number
Most Advisors only see their payout. Move the slider to see what your practice could be worth as a business you sell, not a paycheck you collect.
Illustrative only, based on recent capital-gains acquisition multiples (roughly 3x to 5x of T-12). Not an offer or an appraisal. Your actual value depends on your margins, your Book, the structure, and diligence.
The Core Idea
The same $5M practice is two completely different things depending on how it's owned and taxed. One ends the day you stop working. The other you sell.
Your firm pays you on a grid, owns the client relationship, and taxes every dollar as ordinary income. When you leave, you leave with your reputation and not much else.
An enterprise with an EBITDA, a multiple, and a buyer. Structured right, its value is taxed as long-term capital gains. When you're ready, you sell what you spent a career building.
The Tax Arbitrage
Taxed as ordinary income, a top Advisor in a high-tax state can lose close to half of every dollar. Structured as a capital-gains sale, you keep roughly 80¢. On a practice worth millions, that delta is the whole game.
What We Do
Selling, staying, or moving, the objective never changes. We get you paid for what you built.
We structure the sale of your practice so its value is taxed as long-term capital gains, using the MEEM goodwill method the IRS already recognizes.
Learn more →Not leaving? We renegotiate your Contract and win resources on the firm's nickel, using what the Street is really paying as your leverage.
Learn more →When it's time, we represent you across the whole market, from Wirehouses to boutiques to PE-backed RIAs, and run the deal end to end.
Learn more →The National Report on FA Compensation
Our bi-monthly report on Advisor compensation, deal structures, and valuations across private wealth management — upfront, backend, equity, and payout, firm by firm. Written for the Advisor weighing a move, so you know what the Street pays before you sit down to negotiate.
Get a free, confidential analysis of what your Book is really worth. No pressure, and no call unless you want one.
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