Sponsored by Cetera Financial Group
Despite the inevitability of needing one, only 27% of advisors have formal succession plans in place, and 49% say the biggest challenge of succession is “finding a successor who can grow and manage the business.”1 Many financial professionals wait until they’re only a year or two from retirement before they start planning their succession, costing them valuation, flexibility and opportunity.
In our newest white paper, we show you why you should start planning your succession as soon as possible and cover topics including:
- Timeline
- Types of successors and planssucce
- How and where to find a successor
- Training
- Unplanned exits
With concrete tips for getting started today, you’ll be able to begin the process of protecting the legacy you’ve built.
Download Finding You 2.0—Planning for a Successor
1 The Succession Challenge 2018: Why Financial Advisers Are Failing to Plan for the Inevitable. (2018). Janus Henderson Investors, Financial Planning Association.
