Frequently Asked Questions (FAQS)

Get straight answers to important questions about finance, credit scores, real estate, student debt and other topics to help you start your firm.

Learn About Investment Advisory Loans and More

Our Advisory firm is going to purchase an RIA firm; the selling firm principal is retiring. Can Live Oak help with that buy-out?

Yes, Live Oak will provide financing for acquisition related transactions where the selling principal is not joining the firm.  Because Live Oak understands the Investment advisory industry, we are often comfortable minimizing the equity needed upfront to acquire a firm, so don’t be deterred if you don’t have a lot of money to put down.  Live Oak  will work with you to structure a financing solution that meets your needs.

We are an existing Registered Investment Advisor and are looking to purchase another advisory team to join our firm; does Live Oak provide financing for that?

Yes, Live Oak provides financing for this type of transaction.  We can provide loans to the existing RIA for merger and acquisition purposes.  We can also lend money to support operating capital expenditures for a team that is joining your firm.

Our Advisory firm has identified a wirehouse team that we would like to join our firm. There are costs associated with bringing this team on board. Does Live Oak provide operating capital to support this transaction?

Yes, Live Oak can provide working capital to support your business expansion.  The loan would be made to the existing firm to cover operating expenses and costs to onboard the team to your firm.

One of the partners of our firm is leaving and wants to be bought out, is this something that Live Oak can support?

Yes, Live Oak provides ownership buy-out transactions for exiting partners.

We are currently a wirehouse team looking to go independent. We will need operating, working and start-up capital to support the transition. Does Live Oak support financing for this?

Yes, Live Oak can provide financing to support your transition.  Industry related experience is a requirement but business duration history is not.

Our firm has some existing debt, does Live Oak do refinances?

Yes, Live Oak can consolidate a firm’s outstanding loans and/or refinance single loans.  Live Oak has very competitive rates and terms making refinancing with Live Oak Bank a very attractive alternative for firms looking to improve their monthly cash flow.

Does Live Oak do loans for commercial property, our firm is thinking of purchasing an office building on Main Street.

Yes, Live Oak provides 25-year, fully amortizing commercial real estate loans.  We can support transactions for new property builds (construction loans) or standard purchase transactions.  We also support refinances of commercial property loans.  Live Oak has very competitive rates and terms.

Our firm provides services for RIAs and we are looking to acquire firms to join our platform, can Live Oak help us with that?

Yes, Live Oak will underwrite what the end business will look like.  We will take into consideration the assets under management of the firm joining your platform.