James Mertens, CFA, MBA - ___ - ___ - ___-___-____ cell phone
Seeking like minded advisors for mutual continuity and operational leverage.
I run a client focused practice with solutions tailored for client specific needs. Strong technical background (CFA, University of Chicago MBA, University of Notre Dame business undergrad) and 20 years of industry experience. 12 years of independence powered by LPL Financial has been a successful run, but I now find myself looking to build continuity, scale and depth to further leverage that success.
A few years ago, I joined a hybrid RIA platform - providing further operating leverage and independence. I own my professional office space in Cary with plug and play capability. I offer flexible structures depending on how independent you wish to be.
Continuity and succession solutions for client focused practices - including "sell and stay" situations. I am an experienced successor and I welcome the opportunity to learn about your goals in potentially retiring, or positioning yourself for future retirement. If you are thinking in terms of weeks or months, there are many other buyers chomping at the bit to push you out. I am more concerned with facilitating smooth transitions. IMO, working together for a few years is the best way to maximize value for buyer, seller and clients. It also allows the seller to stick around as long as they want. Many never want to retire, or have a 5-10 year horizon but benefit from:
A) Moving to an independent model to maximize practice value and eliminate production pressure
B) Build on their relationships by showing a clear succession plan
C) Focus on top relationships and pass on administrative burdens
Hybrid RIA-B/D is the ideal set up for those serious about pursuing acquisitions, transitioning from a wirehouse or just positioning themselves for growth. Multiple custodian options, robo-solution, collateralized bank loan solutions.... all non-proprietary ensuring clients are always first and you can stay objective.
Send me a message or give me a call, I am always excited to learn about other people's practices and discuss how we may be able to grow together.