Succession Planning for Financial Advisors

Selling Your Practice

Sunsetting Your Practice Your Way

Ask the Right Questions

  • Determine the fair value for your practice and work to make sure you capture the best deal for you.

  • How long do you hope to continue working and in what capacity? And how does this effect the value of your practice?

  • What characteristics are most important to you in your eventual successor? How do you plan to onboard and transition to this ideal fit over time?

  • How would you like to monetize your practice and how will the structure effect the overall amount received for the sale of your business?

From the Podcast

Listen to the Podcast to learn more about how practices are valued and the best way to maximize the total enterprise value in an acquisition.