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?

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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.