Growing Your Practice: Should You Buy or Build?

Aug 19, 2013 / By Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC
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Building a client base from scratch can be such a slog that it is tempting to purchase a book of clients from an exiting advisor. But be careful that you do not overpay if all you are really buying is a job—not a business.

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