Why more advice firms are looking to sell minority stakes

Amongst the tidal wave of mergers and acquisitions washing over the advice sector, there's something I'm noticing. Plenty of the deals don't actually seem to be acquisitions at all. What they really are is firms selling small chunks of themselves, rather than lock, stock and barrel. This apparent trend towards purchasing minority stakes might look like the worst of both worlds to some sellers. Advice firm owners might find themselves giving away control, without finding themselves much closer to the kind of money they want to retire on. They'd probably still need to take professional adv...