Leaving on Your Terms: Planning Your Exit

Written By Brendan Ryan, CFA

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
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