BKLM · Practice Value Explorer
What could your
practice be worth?
Explore sale and succession scenarios, what drives the ranges, and cash at closing. Start with an example or your own earnings.
The example uses fictional figures. No email required. Review the research and print your results. Calculator figures are not attached to a conversation request.
Educational planning tool. Research-based scenarios, not a formal valuation, buyer offer or net sale proceeds.
Start with the basics
Choose a possible sale or succession route, enter your earnings and adjust the payment terms. You can add more detail afterward.
Use your own figures, or try the example first.
Entries stay in this calculator; its code neither sends nor saves them. General website services operate separately. No client names or account details are needed.
Your selected scenario
Payment timing
Illustrative cash at closing
Amount paid later or in another form
Remaining consideration is not guaranteed cash. Taxes, debt, fees, working capital, minority-interest discounts and present-value adjustments are not modeled.
How the three routes compare
Same earnings input across all rows: a sensitivity comparison, not three buyer offers. Actual buyer-adjusted earnings can differ.
| Route | Scenario | Evidence type |
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Six things behind these ranges
Research checked November 8, 2026. Recheck assumptions and source dates before acting.
Which assumption would you like to check?
Not sure which earnings figure to use, how to allow for replacing your work, or which succession route fits? Start with one question. We can use a 30-minute conversation to identify what information would help and whether a formal valuation is the next step. No financial documents are needed beforehand.
Talk through my practice value
You’re asking about practice value and succession. Leave your name and reply email; add a question if you’d like.
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Reference:
Choose a call timeYour calculator entries are not attached to the request. No commitment to sell. Agree scope, information sharing and any compensation before further work. This tool cannot support lending, tax, legal or minority-interest valuation decisions.
Research, methods and limitations
[1] Observed peer transactions — July 28, 2026. SRG reports 171 peer transactions completed in 2025, approximately $14 billion in AUM, excluding private-equity and aggregator deals. Published EBITDA first/third quartiles: 6.41×/12.71×. These describe the sample; this calculator has no matched transaction records for your practice.
Read SRG: How RIA Valuations Work
[2] Practitioner guidance — October 8, 2026. SRG describes internal succession at 7×–10× EBITDA and strategic acquisitions at 9×–15×. These are guidance ranges, not quartiles from source [1]. Its discussion identifies recurring revenue, growth, profitability and key-person dependence as relevant considerations.
Read SRG: Valuation Best Practices
[3] Purpose and limits. FP Transitions explains why business-specific valuation requires more than a revenue or earnings multiple. Purpose and circumstances determine the appropriate analysis.
Read FP Transitions: Valuation
Our calculation: input earnings minus additional replacement cost, multiplied by the selected source range. Cash equals that scenario times your percentage. Margin, recurring dollars and household concentration are simple calculations from your optional inputs. No hidden quality score, risk premium, client-age discount, guaranteed return or personalized appraisal is produced. Nothing is averaged across the three routes.
Research providers do not endorse this tool. The sources do not supply a validated algorithm for adjusting a multiple from the optional answers. A qualified valuation requires verified records, comparable transactions and professional judgment.