Insurance Agent / Brokerage Services

With over 20 years in the insurance agency industry, Brady Financial has the experience to help you develop a strategic plan for the future and to maximize the value of your business.

Agency Valuations

• Agency owners need to know the value of their agency and not just for transaction purposes. Having a valuation done for your agency is a good tool for strategic planning, such as perpetuation. Many agency owners make the mistake of waiting to get a valuation done only when they are preparing for a change in ownership. By then it's too late to implement any changes that a good valuation should point out. The agency owner who uses a valuation to understand the real value of their agency and where they can improve the value will benefit many times over when a change of ownership transaction takes place.

• Utilizing our agency valuation model, we can accumulate financial data, assess agency risk, identify areas of potential improvement and of course develop the financial valuation. We will ensure that your agency valuation not only provides you with the current value of the agency, but develops a specific plan on what can be done to maximize the value.

Mergers & Acquisitions

• Agency owners need to be prepared to act when a potential Merger and Acquisition opportunity is presented. The time to develop a due diligence plan is prior to learning of the opportunity and not after you hear about it. Issues such as deal structure, asset or stock based, tax implications, contingent liabilities, post transaction integration and deal metrics all should be addressed and evaluated as part of the agency annual planning process. The value of doing so pays off in multiples.

• The Brady Financial Group team is experienced in M&A transactions and can support your agency in both the transaction due diligence and pre transaction planning. Our team helps you maximize your return on the investment you make in planning.

Strategic Agency Planning

• Agency owners that take the time to plan ahead have proven to run more profitable agencies. Seems like a simple concept, but why doesn't everyone spend the time to plan? We work with agency owners that recognize the importance of planning for items such as (Perpetuation, Compensation, Work Flow Integration, Financial Benchmarking, etc) but don't have the time or internal resources to do the work.
• BFG's experience in both the planning and implementation of these key agency initiatives allows us to understand the benefits of following a disciplined planning process and the impact this can have on agency long term profitability.

Financial Metrics

• At some point we have all read about or know an agency that had to close their doors due to some sort of financial mismanagement. In most cases this could have been avoided or uncovered earlier if ownership had focused on financial benchmarks. Industry studies show that agencies that focus on key industry metrics, include financial budgeting and cash flow management as part of their agency review process and understand the impact these metrics have on their agency performance will be more profitable than those who don't.
• Brady Financial Group will ensure that your agency is benchmarking to the appropriate metrics and develop a plan to address areas that you may be deficient in.

Agent and Broker Insider recently published Mike Brady's article on agency valuation, How Much Is Your Agency Worth?