Blog Post

• The markets have been great for 10+ years so AUM is growing – don’t need new clients
• Do not have a Strategic Business Plan
• If you have a Marketing Plan, you are not effectively reaching your target market
•  No time to prospect
• Need a junior associate to work with C and D clients and prospect a younger demographic
• No time to find acquisition / amalgamation prospects
• Wrong business model or wrong Dealer / Platform
• Want to slow down / want to monetize all or part of your business but not retire
• Worrying about a succession plan and an exit strategy
• Regulations / compliance is taking the fun out of running your business

• We can source junior and senior advisors, amalgamations and acquisitions
• Advise on the best methods to generate organic growth
• Many ideas to monetize your business – create cash to grow
• Right now we have several acquisition / amalgamation opportunities:

• MB051 – this insurance license only business is for sale. Older long term advisor with a large number of life insurance contracts (and households) and approximately $30 million in seg funds. This business consistently did $200,000 in Gross Revenue (mostly DSC segs) and has approximately $100,000 in recurring revenue.
• MB200 – this long term very successful MFDA advisor would like to find a successor. The candidate would buy $25 million+ at the start. Work closely with the senior advisor and become part of a Succession Plan and an Exit Strategy. Must have committed to the Industry by both business successes and education. Must be at seller’s MFDA Dealer or move to the same Dealer.

1. Find advisors considering a sell; sell and stay; partnership; amalgamation; etc., and
2. Define who will qualify and what terms are they looking for, and
3. Find the interested and qualified, and
4. Promote the interested and qualified to the advisor considering opportunities, and
5. Find the fit so we can introduce the two candidates.

Queenston is working with a Portfolio Manager who is looking for a Partner to manage the relationships of a business with $30 million investments and $300,000 in revenue. An ownership stake will be outlined and structured to fit your current business.

Where:

Office is on east side of GTA
Clients around the GTA

They are looking for:

Minimum 5 years in the industry
Insurance license and CFP preferred
You would move to their platform i.e., not be at a MFDA or IIROC Dealer
You could bring existing clients with you and fold them into the business for equity

What you can expect:

Expected first year income to new partner should be $200,000+ from the business alone
Autonomy to manage business – PM is in another province
Established clientele / underserved and little insurance has been sold
Own 50% of this multi million dollar business (soon to be)

The PM is looking to move fast on this opportunity. They are not kicking tires and they are ready to move so if interested throw your hat in the ring.

The number of selling, merging, and transitioning opportunities we have across Canada is growing, and we want to keep that momentum going.

Want to be part of this growth? Queenston may be able to help you.

We have over 40 listed sellers, 100s of merger candidates and many advisors looking to move to a team to help build their business or have an exit strategy in a few years.

Here are a few:

Western Canada – we are currently in the discussion stage with several sellers:

A few smaller businesses in BC – on Island and Southern BC
Two MFDA businesses in Alberta – $30 m and $50 m
A $20 million seg and mutual fund book in Northern Alberta
A million+ a year referral and insurance business looking for an Exit Strategy

Ontario – we have many opportunities including five in the Letter of Intent stage which may not materialize and they may become available. But there are many more transitions to consider:

GTA

A very well-managed million-dollar-a-year business with mutual funds and insurance.
A referral business ($300k) considering an amalgamation with an insurance specialist.
A $50 million MFDA business would consider an Exit Strategy if attractive.
Several smaller businesses looking for a home

SOUTH EASTERN ONTARIO

A $50 million MFDA business looking to buy out a 50% Partner
Another MFDA looking for a Sell and Stay arrangement

SOUTH WESTERN ONTARIO

A $60 million IIROC business for a Sell & Stay
Two different smaller businesses with approximately $10 million in AUM

Want to know more about these deals? Let’s connect!

SELLERS / SELL AND STAY / MERGER CANDIDATES:
We have investors looking to buy profitable businesses through our network, but we only connect you with qualified buyers who can work with you and your business.

What is your business worth? What multiple will interest you in making a major decision – 3X; 4X; 5X – you get the picture.

HOW TO GET IN FRONT OF OPPORTUNITIES

Option 1 – Become an Associate
If not already, go to www.queenston.net – free.

Option 2 – Become a Preferred Associate
Get priority notification on opportunities. Each time a new opportunity comes up you will be notified. If you are interested, we will send the candidate a marketing brochure describing your business and what you are prepared to do to put a deal together.

More information? info@queenston.net

Option 3 – Acquisition Manager Program
Your time is valuable – don’t hunt for acquisitions. An employee does not know where to start. Hire Queenston to design and manage an acquisition program tailored to your needs. We adopt a proactive strategy to identify and approach candidates that fit your target market. We have a 20,000 advisor data base. We know where to look – what to say – how to find qualified and interested candidates.

More information? jerry@queenston.net

So, you can see there is much going on with Queenston. Whether you are looking for growth by acquisition or just wanting to keep informed of what is going on in the market, let us know how we can help you. I promise you will be surprised.

Right now, the opportunities are coming fast and furious. We currently have selling, merging, transitioning opportunities from coast to coast. Interested??

If you are interested in any of the above, Queenston may be able to help you. We have over 40 listed sellers, 100s of merger candidates and many advisors looking to move to a team to help build their business or have an exit strategy in a few years.

Here are some samples:

Western Canada – we are currently in the discussion stage with several sellers:

A few smaller businesses in BC – on Island and Southern BC
Two MFDA businesses in Alberta – $30 m and $50 m.
A $20 million seg and mutual fund book in Northern Alberta.
A million+ a year referral and insurance business looking for an Exit Strategy

Ontario – we have many opportunities including five in the Letter of Intent stage which may not materialize and they may become available. But there are many more transitions to consider:

GTA

A very well-managed million-dollar-a-year business with mutual funds and insurance.
A referral business ($300k) considering an amalgamation with an insurance specialist.
A $50 million MFDA business would consider an Exit Strategy if attractive.
Several smaller businesses looking for a home

SOUTH EASTERN ONTARIO

A $50 million MFDA business looking to buy out a 50% Partner
Another MFDA looking for a Sell and Stay arrangement

SOUTH WESTERN ONTARIO

A $60 million IIROC business for a Sell & Stay
Two different smaller businesses with approximately $10 million in AUM

SELLERS / SELL AND STAY / MERGER CANDIDATES:
We have thousands of buying candidates that are interested and we find the ones qualified to work with you and your business.

What is your business worth? What multiple will interest you in making a major decision – 3X; 4X; 5X – you get the picture.

HOW TO GET IN FRONT OF OPPORTUNITIES

Option 1 – Become an Associate
If not already, go to www.queenston.net – free.

Option 2 – Become a Preferred Associate
Get priority notification on opportunities. Each time a new opportunity comes up you will be notified. If you are interested, we will send the candidate a marketing brochure describing your business and what you are prepared to do to put a deal together.

More information? info@queenston.net

Option 3 – Acquisition Manager Program
Your time is valuable – don’t hunt for acquisitions. An employee does not know where to start. Hire Queenston to design and manage an acquisition program tailored to your needs. We adopt a proactive strategy to identify and approach candidates that fit your target market. We have a 20,000 advisor data base. We know where to look – what to say – how to find qualified and interested candidates.

More information? jerry@queenston.net

So, you can see there is much going on with Queenston. Whether you are looking for growth by acquisition or just wanting to keep informed of what is going on in the market, let us know how we can help you. I promise you will be surprised.