Growth by Acquisition
We’re committed to helping you explore every possible avenue to grow your practice — including acquiring an external practice.
When executed properly, an acquisition can help you:
- Expand your client base.
- Diversify your services.
- Expand your referral base.
- Provide new opportunities for your staff.
- Streamline your business by mitigating the cost of serving each client.
Our dedicated practice acquisition team will bring their proven experience to guide you through every step of the process:
- Sourcing and due diligence
- Valuation and negotiation
- Flexible financing for qualifying advisors
- Final closing and onboarding
Above all, the Ameriprise practice acquisition team can help assess the culture of both firms – and make sure the client base and level of service is a good fit for both parties. At the end of the day, we want to make sure you build deep relationships with your new clients while you work together to effectively plan toward their long-term financial goals.
Flexible financing options available for independent advisors
Qualifying franchise advisors can borrow up to 90% of the purchase price from Ameriprise Financial when buying external practices or up to 80% of purchase price for an internal practice acquisition.
Loan features include:
- Competitive interest rates with no origination fee
- Ten-year loan term
- No minimum or maximum loan amount
As a franchise advisor, you can also take advantage of additional resources, including a practice acquisition guidebook, book of business review and integration support1.
To find out more about our practice acquisition support, contact a recruiting director near you.