If one of the firm's clients decides to sell to a third party, Eighty20 Advisors' mandate becomes crafting a financial valuation complete with a detailed narrative that justifies each and every valuation.
"The plan really drills into what does your technology backbone look like," Duck says. "What are the skill sets of your staff and their ages? What is the baseline of the clientele and their demographic mix? Understanding how all the various layers of a financial planning practice works allows us to create a defensible valuation that then can be used with a potential buyer."
-Jim McConville