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Financial Planning > Behavioral Finance

New Chalice Financial Network Platform Offers M&A Matchmaking Service

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Chalice Financial Network, a software-as-a-service-based member-benefit organization for independent financial advisors, announced the launch this week of a credit union-like platform created to drive transactions between M&A buyers and sellers, complete with member-only funding solutions for advisors.

Called Succession Link 2.0, the new service represents CFN’s ongoing commitment to enhancing offerings for its members, Keith Gregg, the firm’s chairman and chief executive and the head of Succession Link, said in a statement.

“The success we have enjoyed since our launch has allowed us to pour resources back into the firm and to continually evolve,” Gregg said. “We are now comparable to the SBA for RIAs, the Amazon Prime for independent advisors and a credit union for our members.”

The announcement also noted that Chalice has formed a partnership with Gladstone Associates LLC, a consultancy that serves financial services and fintech providers throughout every stage of the M&A life cycle.

This partnership will allow CFN members to receive a 20% discount on access to Gladstone Associates M&A advisory services. Gladstone provides guidance for financial advisory practices on both the sell and the buy sides.

“As independent business owners in the financial advisory space progress through their careers, they both need and deserve full-service support,” Dan Kreuter, Gladstone Group’s founder and shairman and the non-executive chairman of Chalice’s advisory board, said in the statement. “For many this will include pursuing M&A deals, whether as a buyer or a seller.”

Here’s a glance at Succession Link 2.0’s enhancements and new features:

  • New website with user-friendly navigation
  • Compatibility rating to improve buyer/seller matches
  • Advisor lending with access to quicker turn times and lower interest rates via Oak Street Funding
  • 48-hour pre-qualification approval process with Oak Street Funding
  • M&A support with Gladstone
  • Succession planning with Gladstone
  • Quick valuation calculator and complete business valuations powered by BizEquity

“This is exactly why we agreed to join Chalice,” Succession Link’s co-founder and chief technology officer Tim Horton said in the statement. “With these new enhancements, our platform is well positioned for a new era of growth and service for independent financial advisors.”


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