Kerb appeal: Last-minute ways to get a good price for your business

KERB APPEAL

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It is not too late to sell up if you have no plans to be RDR-compliant, says David Hesketh, group M&A manager at Perspective Financial Group, but you must get your house in order.

While many advisers are fully prepared for the upcoming RDR regime and optimistic about the opportunities it presents, there are a number of individuals who do not share this enthusiasm and are looking to part company with the firms they founded and the client bases they have established. Broadly speaking, these vendors can be divided into two camps and the differences between the types will dictate what kind of organisations will be looking to acquire them and the figures involved. Firstly, we have the vendors that do not have, or do not plan to have, their exams completed before 1 J...

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