Executive Summary: Valuing a registered investment advisor (RIA) or wealth management practice requires more than applying a simple revenue multiple. Buyers and investors examine how the firm earns revenue, how stable that revenue is, and how much future cash flow can be expected from the client base. In practice, RIA valuations often turn on assets […]
Investment banks and boutique advisory firms are valued differently than traditional operating businesses because their worth depends less on physical assets and more on recurring fee revenue, banker productivity, client relationships, and the durability of future deal flow. For Chicago business owners considering a sale, recapitalization, partner buyout, or strategic exit, the central valuation questions […]
For banks, deposit base quality is one of the most important drivers of valuation. A stable, low-cost deposit franchise can materially improve earnings power, reduce funding risk, and support higher price-to-book and price-to-earnings multiples in acquisition analysis. Buyers do not just pay for current deposits, they pay for the durability of those deposits, the mix […]
Executive Summary. Community banks are typically valued through a combination of price-to-book, price-to-tangible-book, and price-to-earnings multiples, with the final result heavily influenced by asset quality, capital strength, earnings consistency, and especially deposit franchise quality. For Chicago business owners, buyers, and bank boards, understanding these drivers is essential because even similar-sized institutions can trade at meaningfully […]
Executive Summary: Multifamily real estate developer valuation is the process of estimating what a development company is worth based on its pipeline, projected projects, land positions, margin profile, market exposure, and the timing of future cash flows. For Chicago business owners, the central question is not just how many apartment units a developer expects to […]
Executive Summary: Specialty trades businesses, including electrical, plumbing, and HVAC contractors, are typically valued using a combination of earnings-based methods and operating metrics that reflect customer stability, workforce capacity, and revenue quality. For Chicago business owners, the most important drivers of value are adjusted Seller’s Discretionary Earnings (SDE) or EBITDA, recurring service agreements, the depth […]
Executive Summary: HOA management business valuation centers on recurring revenue quality, client retention, and operating efficiency. For buyers and lenders, the key questions are how many communities the company serves, what it earns in monthly management fees per door, whether reserve study revenue is recurring or project-based, and how resilient the client base is in […]
Property management company business valuation depends on more than a simple revenue multiple. For third-party managers, value is typically driven by the number of units under management, recurring management fee revenue, ancillary income streams, and the stability of underlying contracts. Buyers also evaluate profitability, retention, and concentration risk, because a company with steady fees and […]
Executive summary. Net asset value, or NAV, is one of the most practical ways to estimate the value of a real estate development company when the business is driven by land banks, active construction projects, and a pipeline of planned sell-out revenue. For Chicago owners, lenders, investors, and prospective buyers, NAV provides a disciplined view […]
Executive Summary: Real estate development companies are valued differently from stabilized property owners because much of their worth comes from future project execution rather than current cash flow. A credible valuation often starts with net asset value (NAV), then adjusts for project pipeline stage, entitlement risk, financing conditions, and the probability of future construction and […]