KOVRENT
If there is no successor, read this first.
A one-page handoff from someone who thought you should have it. Kovrent is a holding company that buys 100 percent of SEC-registered RIAs with $100M to $700M in assets from owners 55 and older with no funded succession plan, pays in cash or cash plus Kovrent equity, and keeps the firm. We buy to hold and grow.
What stays
Your clients.
Same advisor, same service, same phone number. Nobody gets a letter announcing a transition. Nobody gets reassigned.
Your team.
They keep their seats, their titles, and their clients. We buy firms for the people in them.
Your name.
It stays on the door and on the letterhead by default. Changing it is your call, not ours. We are not building one brand out of thirty firms.
What changes
The back office moves.
Compliance, billing, HR, and vendor management come to us. That is most of what you are buying.
Reporting gets standardized.
Your clients see a cleaner statement. You lose some control over how it looks.
You stop being the last stop.
Decisions that ran through you for thirty years stop running through you. Some founders find that a relief. Some don't.
Four questions to ask any buyer
- Whose money is it?
- How long can it hold?
- What forces a sale?
- What will I be allowed to see afterward?
A buyer who cannot answer those in plain sentences has told you something.
A first conversation. No banker, no pitch deck.
kovrent.com/for-founders · succession@kovrent.com · [PHONE NUMBER]