What is APBOE®?
The Advisory Practice Board of Exchange (APBOE®) is a financial advisor marketplace to buy and sell
wealth management practices. APBOE® is a neutral site for multiple third-party valuation providers,
M&A consultants, investment banks, and independent broker dealers to list sellers, search buyers,
and ultimately sell practices.
APBOE® provides access to bank financing to fund wealth management practices. Via our Pre-Approval
portal, applicants are routed to an independent Lender Marketplace to find the best bank partner to fund
your transaction. APBOE® provides a turnkey solution for independent and registered investment
advisors to buy and sell wealth management practices with the requisite funding.
Sellers on APBOE® can ascertain creditworthiness and practice readiness of prospective buyers from
our proprietary PurchasingPower™ scoring methodology. Buyers on APBOE® can increase their
likelihood of acquiring practices by receiving a verified PurchasingPower™ score.
Seller Benefits
At APBOE®, we not only pair buyers with sellers, but our team also prequalifies your practice for
financing available from one of our partner banks. Sellers enjoy several APBOE® attributes:
- Complete anonymity and data security
- Buyers are unable to contact sellers
- After reviewing prospective buyers, sellers control the communication by contacting buyers
- Access to PurchasingPower™ score of interested buyers providing an efficient screening
process
- M&A consultant representation to ensure most attractive listing prices, promote a
seamless transaction and create deal structure that is eligible for bank financing
- Bank financing analysis to determine the amount of financing a seller’s practice qualifies
for prior to setting a list price
- Bank financing options from our national network of lenders in our Lender Marketplace to
provide customized solutions to meet an individualized retirement glidepath
Buyer Benefits
APBOE® is a comprehensive platform for serious practices acquirers. Buyers benefit from a number of our platform’s features:
- No subscription fees for standard buyers
- Seller search functionality that provides clear results on verified opportunities
- All seller listings are verified by APBOE® and their respective M&A consultant
- Buyers can increase their probability to buy a practice by increasing their PurchasingPower™ score
- Updates on your Bookmarked Practices to give you insight into the progress of a seller listing
- Access to conventional and SBA lenders for up to 95% of the purchase price
- Buyers who qualify for an ABPOE designation appreciate enhanced benefits
PurchasingPower™ Rating
Each buyer is assigned a PurchasingPower™ rating based on their ability to acquire practices. Some key factors that determine PurchasingPower™ rating include:
- Completion of My Practice Profile
- Completion of current valuation from a verified valuation provider
- Banking relationship with a bank who funds advisory loans
- Liquidity for down payment
- Scores are verified after submitting all documents under the Verification tab
- Gross Revenue Report OR Previous Year & YTD P&L
- Model Investment Portfolio
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