Since its debut 18 months ago, Schwab Institutional’s Advisor Transition Support has exceeded $10 billion in total assets under management of independent investment advisors who have indicated an interest in selling their businesses. Schwab Advisor Transition Support offers a suite of services to help independent advisors plan their mergers, acquisitions and internal succession.
Earlier this month, Schwab Institutional concluded its sold-out workshop series on transition planning that began in January. Schwab Institutional hosted these workshops, where third-party experts including consultant/investment bank Moss Adams LLP, the law firm of Stark & Stark, and Quist Valuation guided 142 participants through six two-day sessions designed to help them with mergers and acquisitions and internal succession. Participants were not only exposed to the fundamentals of mergers and acquisitions — including planning, valuation, organization structure, legal and taxes — but also learned advanced deal structure strategies to optimize these inter-related components.
You can read the entire Schwab press release on their Advisor Transition Support Services here.