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Dan Seivert: “The valuation paradigm for RIA sales is broken — they are based on folklore rather than the theory of finance.”
Posted on: May 6, 2014, 2:40 p.m.
Such pronouncements in the course of muscular and thought-provoking debate between the Pershing Advisor Solutions chief executive and ECHELON Partners top dog Dan Seivert proved a highlight of a dynamic daylong event hosted by Seivert’s firm. The give and take between dealmaker Seivert and practice management “dean” Tibergien illustrated one of the many challenges in the emerging RIA M&A marketplace. Full investment news articleRelevent to this post: Private Ocean,