Cerrulli Associates estimates that more than 56 percent of broker/dealer affiliated advisors are over 50, and the average age is 52. With 40 percent of surveyed advisors indicating they plan to retire within the next 5 to 15 years, advisor succession is not a matter of if, but when. A solid succession strategy allows advisors to:

  • Maximize the value of your practice
  • Hand pick your successor
  • Fulfill your responsibility to family, clients, and staff
  • Capitalize on your asset while you are young enough to enjoy it
  • Protect your business
  • Retire on your terms