u/SeriesAway9498

▲ 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.

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u/SeriesAway9498 — 5 days ago