When acquiring or selling a skilled nursing facility practice, partnering with a financial planner who understands the unique complexities of SNF transactions can make the difference between an average deal and an exceptional one. The right financial planning firm brings expertise in regulatory compliance, Medicare reimbursement structures, and the specific valuation metrics that drive SNF transactions.
Your specific goals and timeline should drive your practice transition strategy. Schedule a Goals & Timeline Consultation →
Top Financial Planning Firms Specializing in Skilled Nursing Facilities
1. Fundamental Advisors & Senior Care Development (SCD)
Headquarters: New York, NY
Service Area: National
Website: fundamentaladvisors.com
Fundamental Advisors, in partnership with Senior Care Development, stands out as the premier financial planning group for large-scale SNF transactions. They have managed acquisitions of 41 skilled nursing facilities across multiple states and currently target over $1 billion in skilled nursing assets. Their expertise extends beyond traditional financial planning to include distressed asset situations and complex multi-state portfolio acquisitions. While their fee structure is typically negotiated per deal and geared toward institutional clients, their deep SNF expertise makes them invaluable for mid-sized multilocation acquisitions.
2. Fisher Investments
Headquarters: Camas, WA
Service Area: National
Website: fisherinvestments.com
Fisher Investments brings broad healthcare sector experience to SNF acquisitions through customized portfolio management and strategic financial planning. Their AUM-based fee structure starts at 1.25% for the first $1 million, decreasing to 1% for assets above $5 million, with no additional brokerage or planning fees. With a $500,000 minimum account size, they serve established SNF operators looking for comprehensive acquisition support and ongoing portfolio management.
3. Wealth Enhancement Advisory Services (WEAS)
Headquarters: Plymouth, MN
Service Area: National
Website: wealthenhancement.com
WEAS specializes in serving business owners in healthcare, including those consolidating SNF practices. Their team of certified specialists (CFP®, CFA, ChFC) provides comprehensive support including business owner consulting, estate planning, and tax strategy optimization. Fee structures combine AUM-based pricing (typically 0.8-1.2% of managed assets) with potential commission-based products, accommodating various investment minimums from $50,000 to $5 million depending on service type.
4. Facet
Headquarters: Baltimore, MD
Service Area: National (Virtual)
Website: facet.com
Facet offers a unique flat-fee model for comprehensive financial planning, charging $2,400-$8,000 annually based on complexity with no minimum AUM requirements. While not SNF-specific, their consultative approach works well for SNF operators needing ongoing strategic planning support, deal structure review, and family office services. Their model suits those who prefer predictable costs and want continuous advisory support throughout the acquisition process.
How to Select the Right Financial Planner for Your SNF Practice Transaction
Choosing the right financial planner for your SNF transaction requires evaluating both their healthcare expertise and their understanding of skilled nursing facility operations. Start by assessing whether you need transaction-specific expertise (like Fundamental Advisors provides) or comprehensive wealth management with acquisition support (like Fisher Investments or WEAS offer). Consider fee structures carefully—transaction-based fees may suit one-time deals while AUM-based pricing works better for ongoing portfolio management.
Your specific goals and timeline should drive your practice transition strategy. Schedule a Goals & Timeline Consultation →
Frequently Asked Questions
Why is it important to choose the right financial planner for skilled nursing facility (SNF) practice mergers and acquisitions?
Choosing the right financial planner is crucial because they bring expertise in regulatory compliance, Medicare reimbursement structures, and specific valuation metrics critical to SNF transactions. This expertise can mean the difference between an average deal and an exceptional one.
Which financial planning firm is recommended for large-scale skilled nursing facility transactions and what unique expertise do they offer?
Fundamental Advisors & Senior Care Development (SCD) is the premier financial planning firm for large-scale SNF transactions. They have managed acquisitions of 41 skilled nursing facilities across multiple states and target over $1 billion in skilled nursing assets. They offer expertise in distressed asset situations and complex multi-state portfolio acquisitions.
What fee structure does Fisher Investments use for their SNF acquisition financial planning services?
Fisher Investments uses an assets under management (AUM) based fee structure starting at 1.25% for the first $1 million and decreasing to 1% for assets above $5 million. They have a $500,000 minimum account size and do not charge additional brokerage or planning fees.
What are the benefits of working with Wealth Enhancement Advisory Services (WEAS) for SNF practice mergers and acquisitions?
WEAS specializes in serving healthcare business owners and offers comprehensive support including business consulting, estate planning, and tax strategy optimization. They have certified specialists and offer flexible fee structures combining AUM-based pricing (0.8-1.2%) with potential commission-based products, accommodating various investment minimums from $50,000 to $5 million.
How does Facet’s financial planning model differ from other firms, and who might benefit from their services?
Facet offers a flat-fee financial planning model ranging from $2,400 to $8,000 annually based on complexity, with no minimum AUM requirements. Though not SNF-specific, their consultative approach suits SNF operators wanting predictable costs and continuous advisory support during acquisitions, including strategic planning and family office services.
