Adhesion: Effective Succession Checklist

The Wealth Advisor Contributor
July 15, 2024

(Adhesion) Many independent financial advisors feel the term “Succession Planning” is synonymous with selling a practice, or retirement. And while it is a component of a practice sale, succession planning is an involved process which will allow the advisor to determine and track the value of the practice, protect it, and then - over a carefully developed timeframe - implement a plan for transition and practice transfer. Unfortunately, many advisors fail to complete the transition of their practice from one generation to the next. The tools in this resource will help prepare you, your clients, and your staff for change.

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