▲ 10 r/CFP
Buying an Aging Book
Hi everyone,
I have an interesting opportunity to acquire a book of business.
We’re very early on in discussions, and I do not know much about the book - but I was told an estimated average age….
Advisor believes the average age is 85 yrs old.
What would you think is a reasonable multiple? 1x? 2x? More?
Thanks in advance.
u/SeriesAway9498 — 5 days ago