Company description
At Seigel Advisory Services, we serve physicians to achieve their goals and objectives through the sale of their medical practice or outpatient facility. If you are a physician looking for an investment bank that is physician-focused, that has advisors with a legal and accounting background, and that provides affordable services, then we can be of excellent service to you!
Whether you are at the beginning stages of this journey or ready to go to market, please feel free to contact us with any questions you may have. We are honored to work with physicians who work so diligently and sacrificially to care for their patients. At Seigel Advisory Services, we aspire to make the busy lives of physicians easier.
As a result of this sales process, I witnessed first-hand the challenges and pitfalls facing physicians and healthcare business owners when selling their healthcare business. Many healthcare business owners are unaware of the significant tax, accounting, succession planning, and legal issues that arise throughout the sales process.
We look forward to partnering with you!
More details
- What is an Investment Banker?
- An investment banker is an intermediary that facilitates securities transactions including mergers and acquisitions. Investment bankers are required by law to conduct securities transactions through a registered broker-dealer. Additionally, investment bankers are required to pass two examinations:
Series 79 Exam (Investment Banking Representative Examination)
Series 63 Exam (Uniform Agent State Law Examination).
- Why Hire an Investment Banker?
- An Investment banker has the education and experience to conduct larger and more financially sophisticated transactions. Typically, an investment banker has an MBA or law degree, carries a large professional liability policy, and has their conduct continuously reviewed by a broker-dealer to ensure compliance with securities regulations.
- What are the Risks of Not Hiring an Investment Banker?
- When healthcare transactions are structured as "stock sales," only a securities-licensed investment banker can lawfully receive a sales commission, otherwise referred to as a "success fee."
The results of paying a sales commission to a non-licensed broker for a “stock sale” can be devastating. Not only would a seller be aiding and abetting in the violation of securities laws, but a seller could have the sale of their business rescinded and unwound years after its completion.
At Seigel Advisory Services, we help eliminate these unnecessary and potentially catastrophic risks by conducting securities transactions through a securities-licensed investment banker.
