Preparing for sale: The right way to sell an adviser business

Avoiding the pitfalls of selling an adviser business

clock • 5 min read

Lawyer Alastair Manning looks at the pitfalls of selling a business and outlines, in his expert opinion, how to avoid them...

There has been considerable consolidation in the adviser market over recent years and sales of businesses have been on the increase. Selling your business can be a stressful time, but there are a few steps you can take, both before and during a sale, to ensure the transaction proceeds as smoothly as possible. Below we look at some of the common pitfalls that can trip up a sale, how to avoid them and the consequential delays or worse, the collapse of the transaction. Preparing for sale To ensure your sale proceeds efficiently, there are several areas which you will need to prepare. H...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Locking in business opportunities as wealth management evolves

Locking in business opportunities as wealth management evolves

Exploring wealth management business evolution

Jenna Brown
clock 07 November 2025 • 4 min read
The smartest business owners are thinking about legacy, not just liquidity

The smartest business owners are thinking about legacy, not just liquidity

Selling a financial planning firm can feel ‘all-consuming’

Nick Heath
clock 07 November 2025 • 4 min read
Bringing financial planning back to the community

Bringing financial planning back to the community

'Rebuilding public trust isn't just good for clients'

Robert Boland
clock 07 November 2025 • 3 min read