I'm relatively new to search and am stunned by how unprofessional many brokers are. One required a deposit and LOI before sharing financials. Another provided a data room with unrelated documents but left out the actual financials. In another case, the broker lacked the accounting knowledge to recognize why their EBITDA add-backs and valuation were clearly flawed. Each of these examples come from different firms. Maybe the play is to buy a brokerage, professionalize it, and roll-up the space?