How to Set Up Your Business to Maximize Enterprise Value

The Diamond Podcast for Financial Advisors

With Jason Diamond and Louis Diamond

Overview

Jason and Louis Diamond explore strategies for maximizing enterprise value, whether or not an advisor plans to move. Learn actionable insights, key business practices, short-term vs. long-term tactics, and real-world examples.

Listen in…

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NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation.

About this episode…

All advisors, regardless of whether they are content where they are, are considering a move, or are in the process of doing so, would be wise to reconcile questions like:
How much is my book worth?
How portable is my book?
And,
How will this firm help me to increase the ultimate enterprise value of my business?

Maximizing value is typically the goal of any advisor, regardless of whether they are pondering a move or not—and the reality is that movement is not, and should not, be a precursor to focusing on optimizing your enterprise value.

So then what should an advisor who may not be considering change be thinking about?

In this special Industry Update, Jason Diamond and Louis Diamond talk about the key components of an advisor’s business that impact enterprise value.

Listen in to learn:

• The economics—and how an advisor can determine their maximum career enterprise value (or MaxCEV as we call it).
• Setting up the business for success—including logistical and operational practices you should be reviewing on an ongoing basis.
• Looking at the short-term and the long-term—and how each requires different strategies and tactics.

Plus, they share real-world examples of the factors that make a business more “attractive” and how that impacts value and strategic shifts for advisors who may never make a move but are set on maximizing their carer enterprise value.

Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002.

Related Resources

How to Maximize Your Career Enterprise Value
This formula seeks to provide a process by which an advisor can “calculate” the sum total of 4 key factors—to conceptualize what their career enterprise value really is and how to achieve it. It’s one of the central tenets of Diamond Consultants’ process in guiding advisors through due diligence.

Top Tips for Setting Your Business Up for Success Years Before a Move
In this document, we have compiled the most salient tips collected from over two decades of helping our advisor-clients through successful transitions.

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