I am in a process of acquiring existing IA which 80% of their book of business is under Smart Choice. I read their contract and there are several clauses that makes very hard to get directly appointed and also to sell in the future. I was wondering if those IA's who started under Smart Choice stay w...

I am trying to purchase an independent agency and 80% of their book of business is under one of the outlets.
Not confirmed buyout clause yet.

The seller asking 2X commission; but not sure if it is okay to purchase a book of business that are mainly under the wholesaler.