PurchasingPower™
My Practice Profile
0%
-
Edit My Practice Profile
Gauges prospective buyers creditworthiness and readiness to acquire another practice.
-
Completion of My Practice Profile - Get Prequalified for bank financing
- Completion of current valuation from a verified valuation provider
- APBOE’s banks accept valuations from a select group of providers
-
Banking Relationship with an APBOE Network Bank -
Liquidity for Down Payment -
Valuation Services -
Preferred M&A Consulting Services
APBOE Listing Wire
HIBD
2.3 x
MNTK
2 x
OHNM
2.4 x
MAMG
2.3 x
NCLC
3.5 x
ALPP
3.2 x
TXDR
2.7 x
NYWM
2.2 x
VAAM
2.7 x
MAWA
5.2 x
PAWG
2.2 x
DEFA
3.4 x
HIBD
2.3 x
MNTK
2 x
OHNM
2.4 x
MAMG
2.3 x
NCLC
3.5 x
ALPP
3.2 x
TXDR
2.7 x
NYWM
2.2 x
VAAM
2.7 x
MAWA
5.2 x
PAWG
2.2 x
DEFA
3.4 x
HIBD
2.3 x
MNTK
2 x
OHNM
2.4 x
MAMG
2.3 x
NCLC
3.5 x
ALPP
3.2 x
TXDR
2.7 x
NYWM
2.2 x
VAAM
2.7 x
MAWA
5.2 x
PAWG
2.2 x
DEFA
3.4 x
HIBD
2.3 x
MNTK
2 x
OHNM
2.4 x
MAMG
2.3 x
NCLC
3.5 x
ALPP
3.2 x
TXDR
2.7 x
NYWM
2.2 x
VAAM
2.7 x
MAWA
5.2 x
PAWG
2.2 x
DEFA
3.4 x
HIBD
2.3 x
MNTK
2 x
OHNM
2.4 x
MAMG
2.3 x
NCLC
3.5 x
ALPP
3.2 x
TXDR
2.7 x
NYWM
2.2 x
VAAM
2.7 x
MAWA
5.2 x
PAWG
2.2 x
DEFA
3.4 x
HIBD
2.3 x
MNTK
2 x
OHNM
2.4 x
MAMG
2.3 x
NCLC
3.5 x
ALPP
3.2 x
TXDR
2.7 x
NYWM
2.2 x
VAAM
2.7 x
MAWA
5.2 x
PAWG
2.2 x
DEFA
3.4 x
2.9 x
- Getting Started
-
My Practice Profile
APBOE captures credit and practice information to create a PurchasingPower score.
-
Verification
Verification page provides a portal to securely upload documentation required to verify PurchasingPower score
-
Bookmarked Profiles
Notifies APBOE of your interest in specific practices. After bookmarking a practice, you will gain access to status of practice in acquisition process.
What’s your PurchasingPower™?
PurchasingPower™ is a scoring methodology that gauges the credit worthiness and readiness of a buyer’s ability to acquire another wealth management practice.
Industry publications state there are 50 buyers for every seller in the financial services industry, but we find that not to be the case. Rather, only 4 to 5 buyers for every seller complete the necessary work to acquire. Ultimately, PurchasingPower™ scores provide sellers with increased transparency into a potential buyer's ability to purchase another practice by analyzing over 30 data points.
Some key factors that determine your PurchasingPower™ score:
- 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
- Verification from documentation, including:
- Gross Dealer Concession Report
- Valuation
- Business Bank Statement
- Model Investment Portfolio
National Leaderboard
National financial advisor ranking of creditworthiness and readiness to purchase another practice.
- Merit Financial, GA 8.01
- Wambolt & Associates , CO 7.92
- Larson Financial Group, MO 7.86
- Coastal Wealth Management, CT 7.61
- Bergstrom Financial Group, MN 7.51
- Peak Wealth Solutions, OH 7.46
- Tomren Wealth Management , CA 7.43
- Boston Harbor Wealth Advisors, MA 7.35
- C.I.G PWM, CT 7.28
- Freedom Street Partners, VA 7.15
FAQs: PurchasingPower™
Prospective buyers who complete the PurchasingPower™ verification process are assigned a rating from 1 to 10. Verified PurchasingPower scores are provided to buyers after all required documents have been uploaded.
How is the PurchasingPower™ score calculated?
The algorithm for generating a PurchasingPower™ score was developed by seasoned credit and investment banking analysts. The factors required to determine the score are gathered during the verification process.
Why would I get a PurchasingPower™ score?
Verified PurchasingPower™ scores are obtained by financial advisors who are interested in buying another practice. PurchasingPower™ ratings allow sellers select which buyers are most appropriate to purchase their practice.
How are the PurchasingPower™ scores utilized?
SkyView provides PurchasingPower™ scores to advisors interested in selling their practice, and their sell side M&A consultants. Sellers typically prefer a prospective buyer located close to a majority of their client base; SkyView maintains national and state by state lists to facilitate sellers' proximity preferences.
How can I attain the highest PurchasingPower™ score?
Each factor in determining PurchasingPower™ has a different weighting.
What documents are required for PurchasingPower™ score verification?
- Gross Dealer Concession Report
- Current Valuation
- Bank Statement (business)
- Model Investment Portfolios
- M&A Consulting Services (if applicable)
- Credit Authorization (optional)