Business Transitions Releases First Ever 2004 RIA Transitions Report.PORTLAND, Ore. -- Business Transitions Publishing, Inc. (www.BusinessTrans.com) announced today the release of the first annual RIA (Rich Internet Application) A Web-based application that approaches the speed and elegance of a local application. An RIA may refer to a browser-based application that uses AJAX or another enhanced coding technique. Transitions Report: The Report of Activity in the Marketplace for Investment Advisory Practices. The 2004 RIA Transitions Report is the first detailed study published on the subject of registered investment advisors Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in (RIAs) buying or selling their practices. This Report also contains another industry first -- the publication of a comparable sales data chart. What's Inside This RIA Transitions Report contains the most comprehensive and complete collection of articles and data ever presented for registered investment advisory practices engaged in transition or succession planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — . The 96-page, full color report contains 17 articles, 73 graphs, The Market Report, and The Definitive Valuation Guide, a pullout pull·out n. 1. A withdrawal, especially of troops. 2. Change from a dive to level flight. Used of an aircraft. 3. An object designed to be pulled out. Noun 1. insert with a comparable sales table. The Definitive Valuation Guide insert presents a first ever "behind the scenes" look at how 40 practices were valued and paid for, from deal terms to tax structures to client demographics. This special guide, an exclusive member benefit for RIA Transitions site users, provides details on 20 fee-only practices, 10 fee-based practices, and 10 commission-based practices. "If you own stock in a company listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , it is easy to look up the value of your holdings every morning in the newspaper. If you own a registered investment advisory practice with gross annual revenues of $1.5 million or less, the value numbers are a little harder to come by," said Bill Grable, president of Business Transitions Publishing. "Now, with comparable sales data charts available, you can see actual sales prices and deal terms on completed transactions." The Market Report outlines the state of the emerging open marketplace for transitioning RIA practices. This recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. feature in all future Transition Reports highlights the benefits of an independent, efficient marketplace, and includes the following topics: --Very high demand for RIA practices --The no-cost valuation --The urge not to merge --High retention rates --Handling distressed sales Distressed Sale An urgent sale of assets because of negative conditions. Notes: For example, securities may have to be sold because there is a margin call. --New solutions for old problems Additional data included in the Report provides advisors with practice benchmarking tools, including positioning tips for advisors to create value in their practice, insight into managing the tax implications of a transaction, and information on how to minimize the risks involved. The Report, minus the Comparable Sales Table will be available free for immediate download at: http://www.businesstrans.com/go/riaptr. A hard copy format is sent to all RIA Transition site members and to attendees of RIA Transitions conferences and seminars. The Transitions Report Series The RIA Transitions Report is an annual publication released on Sept. 1. The FP Practice Transitions Report, which will be restricted to articles, data and comparable sales charts for independent registered reps, is also an annual publication. The fifth FP Transitions Report will be released on March 1, 2005. About Business Transitions Business Transitions is the recognized leader in transition planning and succession planning services for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. Business Transitions now provides six (6) different online marketplaces including FP Transitions (www.FPtransitions.com) for independent registered reps, RIA Transitions (www.RIAtransitions.com), NAPFA NAPFA National Association of Personal Financial Advisors NAPFA National Physical Fitness Award Transitions (www.NAPFAtransitions.com), a private label site for the National Association of Professional Financial Advisors, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. Transitions (www.CPAtransitions.com) for accountants and enrolled advisors, Insurance Transitions (www.InsuranceTransitions.com) for independent insurance agents and Canada Transitions (http://www.fptransitions.ca) for Canadian advisors. |
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