Our CEO, Linda Willis, had the privilege to join David Partain & Laura Hanichak Gregg on their podcast, The Flexible Advisor, to discuss the importance of succession planning and how to start the process, including key considerations, timeframes and the price of procrastination.
Many advisors have yet to move beyond a vague idea of what a succession plan might look like, let alone formalizing one. While the concept of succession should be considered in every stage of your business, it becomes critical in the later stages. During the podcast, they also covered:
– Why many advisors avoid actively creating their exit strategies
– The importance of an emergency exit strategy at every stage of a practice.
– How far in advance of your exit the planning should begin
And more!
Check out the episode here: https://lnkd.in/eVpsDxmM
