Succession Planning for Financial Advisors
Selling Your Practice
Sunsetting Your Practice Your Way
Ask the Right Questions
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Determine the fair value for your practice and work to make sure you capture the best deal for you.
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How long do you hope to continue working and in what capacity? And how does this effect the value of your practice?
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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?
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How would you like to monetize your practice and how will the structure effect the overall amount received for the sale of your business?