We are passionate about helping financial advisers with their succession planning, at any stage.
The approaches that can be used for planning your succession include:
You may already know your option, or know what you will need to do, however broadly speaking you can use external and internal succession planning in the following circumstances.
|No internal successors||Willing and able successors|
|Want to exit now, not in 3-5 years||Profitability to pay for the investment, e.g. decent payback period|
|Too large, too high a sale price||Management systems in place|
|Not profitable with current operations||Time to execute|
Please contact our office to have a discussion around how we can help you frame your succession plan.