Please enable javascript in your browser to view this site!

There are many advisors currently considering buying or selling (merging, partnership, etc.) financial advice businesses. I am not a tax expert and I strongly recommend speaking with an experienced income tax professional before finalizing any transaction – buying or selling. Here is a basic overview of different situations for financial advisors whether buying or selling: #1. Employee: if you are considered an employee the tax
Blog
Growth by acquisition is not necessarily the cheapest or the best way to grow your business but it is the fastest way. The biggest mistake I see is that advisors often see it as a cure all. They do not consider if they have capacity or if it fits into their business model. They want a business so badly that they will buy anything at
Blog
Our phones are ringing off the hooks with opportunities. Here are five fairly new businesses looking for an Exit Strategy whom we are in the process of gathering information (in addition we have several more): Ontario – GTA: $55 million IIROC business. Looking to set up for a 2 year exit. Will not leave current Dealer. $65 million segregated fund business. This is an easy
Blog
Speaking of PARTNERS. Queenston is pleased to introduce you to our new partner Martin Luc Derome. Martin has been in business for over 35 years. He is a well-known in the financial services industry and has contributed significantly to the consolidation within the industry. Martin has specialized in the Quebec and Ontario market. Queenston encourages all of our friends and associates to feel free to
Blog
SELL AND STAY: Queenston is working with an aggressive buyer who is willing to pay you to move your business to their platform. Pay you to stick around. Give you up to a 5% of AUM exit price. This is a fantastic opportunity for any advisors that want to monetize their business and set up a great price when they are ready to exit. Interested?
Blog