How to Buy a book of Assets
It seems funny to me that when books are up for sale, it is done on the down low. Here we have a bunch of people who are supposed to be experts in the market. You would think they would understand supply and demand. When supply is low, and demand is up - - guess what? Price is up. Price for the book that is. So why aren't people more open when they want to sell their books? I can understand they want to give their clients to a Financial Advisor respect . . maybe that is reason enough to take a low ball offer from just one guy.
And on that subject---When you are in the market for a book, and you have the cash, what is the best way to go about getting one?
Serious inquiries only.
Maybeee, there might be some ad's in trade pubs. You can also call your B/D and ask them if they have a program for succession planning. I know that some do!
Thanks for the information. Seems like there were many more buyers than sellers.
Come on y'all. So many views and no posts. Don't want to share your best advice? Come on, here is your chance to brag about the great book you purchased. Or, you could help us all by telling us how the purchase you made was a bust.
Give it to me baby.
How much is that doggie in the window?
OK, so has anyone bought a book lately? How did it go? How much of the assets did you retain?