Leaving on Your Terms: Planning Your Exit

Advisor Turntable Podcast: Episode 3

Financial advisors spend their careers helping clients plan for retirement. But many spend far less time thinking about how they will eventually transition their own practice, arguably the most valuable asset they will ever own.

In this episode of the Advisor Turntable Podcast, Brendan Ryan speaks with Ryan Alessio, National Consultant at AssetMark, who has worked with hundreds of advisors on succession planning. Drawing from those conversations, Ryan shares what advisors should be thinking about well before they are ready to retire, including how to optimize the value of a practice and how to approach the challenge of finding the right successor.

They cover:

• When to start planning your exit
• How to optimize your practice for a transition
• The role of recurring revenue and client segmentation
• How to find and trust the right successor
• Why many advisors delay succession planning
• We offer both audio only and video for most episodes.

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This material is provided for informational purposes only and does not in any sense constitute a solicitation or offer for the purchase or sale of securities nor does it constitute investment advice for any person or a recommendation to take any action. Investment themes and individual securities mentioned may or may not be held in any or all client accounts. The material may contain forward or backward-looking statements regarding intent, beliefs regarding current or past expectations. The views expressed are subject to change based on market and other conditions. The information presented in this report is based on data obtained from third party sources. Although it is believed to be accurate, no representation or warranty is made as to its accuracy or completeness.

The views and opinions expressed throughout this presentation are those of the presenter as of the date the podcast is episode is published. The opinions or outlooks may change over time with changing market conditions or other relevant variables.

Some of our podcast guests may be clients. There was no compensation exchanged for their participation. In no way is this a testimonial or recommendation to use any service provided by any of the guests of this podcast.

Authored by Brendan Ryan, CFA

Originally published on Algorithmic Investment Models

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