You are an expert on planning your clients future. Yet, do you have a plan? This is what we know:
—99% of Independent Practices will die after one generation.
—95% of Independent Practices have only one owner.
—Less than 5% of Practices ever go through a formal valuation process.
—Fewer than 1 in 10 Practices will actually sell their practices.
We at Advisors Ahead believe we have a solution. A Resident Advisor can facilitate in the day to day management of the Practice. A Resident can also help to facilitate a transition or a succession plan to preserve your legacy and to provide a smooth transition for your clients. After all, your clients are either retired or planning on retiring and they are wondering about your plan. Shouldn’t you have one? Would they not feel comfort in knowing what that plan is?
Advisors Ahead – Providing the Next Generation of Advisors and Planners; Today!