2018 M&A Trends Financial Advisors Need To Know With Phil Flakes
Phil Flakes is the CEO of Succession Link, a firm that specializes in peer to peer transactions for financial advisors, insurance practices and accounting firms. There are 50 potential buyers for every seller in the market today. Phil and I discuss the current M&A trends that you need to know if you are considering a transaction this year.
Connect With Phil
Phillip Flakes is the Co-Founder and CEO of Succession Link He is widely considered to be a transition expert to highly successful, high-producing financial advisors.
Phillip Flakes began his career in the financial services industry in operations with Linsco Private Ledger in San Diego. He then joined Dunham and Associates in the capacity of Regional Vice President of Sales, where he was responsible for raising assets under management for a 10-state territory in the Western United States. He holds a B.S. in Economics from Trinity College in Hartford, CT
Prior to starting Succession Link, Flakes was also a Co-Founder of StarPoint Consulting Group. A recruiting and consulting company working with financial advisors and RIA’s in transition. Since 2009, StarPoint Consulting Group has assisted roughly 250 firms, transition over $8Billion in collective client assets.
Phillip has also been a content contributor to Industry Trade Publications including:
-Financial Planning Association (FPA) – Journal of Financial Planning
-A devout soccer fan (and professional soccer player post-college)
About Succession Link
Succession Link provides a nationwide platform for financial professionals who want to buy, sell, merge and find succession planning options for their practices. The firm does not charge transactional fees, listing fees or membership fees to sellers, and for buyers just a nominal subscription fee is required. It also provides advisors with access to resources that aide in the transaction process. Succession Link was founded by a group of financial services professionals who have spent their careers working with financial advisors and industry leaders.