SUCCESSION PLANNING
FOR ADVISORS
An Advisor’s planned transition of leadership to their Successor.
Succession Plan:
Focused on Solo Advisors and Small Firms:
Discover a tailored approach for small teams and individual advisors, standing out from sea of enterprise-focused options.A Holistic Approach to Succession:
Prepare for seamless business transition with our holistic succession planning strategy including both personal and business readiness criteria.Fiduciary Duty:
Ensuring a robust Succession Plan is a crucial aspect of an advisor's fiduciary duty—committing to a long-term client relationship that extends beyond the advisor's tenure, safeguarding the client's financial well-being for generations to come.
SUCCESSION PLANS FOR ADVISORS
What to Expect
Initial Engagement: $4,800 + Assessment Fee
(excl. Legal Fees)
Our process begins with an Initial Engagement of a 12-hour Bundle at a discounted rate of $400/hr (usually $450/hr)+ Assessment Fees.
Depending on complexities and timelines, many clients choose to continue working with us for additional 12-hour Bundles.
Whether considering an internal Succession Plan or M&A solution, gain clarity and momentum toward a smooth transition that aligns with your unique success criteria!
This engagement begins with comprehensive Buyer/Seller Readiness Assessments + Business & Personal Readiness Roadmaps with prioritized action items + individual/team coaching calls + more!
MEET YOUR EXIT PLANNERS:
BROOKLYN H. BROCK, CFP®, CEPA®, CHFC®, CKA®
Exit Planner
TIFFANY LEE, CPRC®
Exit Planner
DIGITAL RESOURCES
These assessments have been built specifically for independent financial advisors to implement a Succession Plan for their RIA. Our goal is to provide your team with a roadmap to complete the Succession Plan on your ideal timeline.
The assessments are designed by exit coaching experts at Ellevate Advisors from real-life experience of coaching advisors through internal succession plans. We have found that addressing personal goals and development alongside business action items is integral to the holistic success of the transition!
This bundle includes two comprehensive assessments – one for the seller(s) and one for the buyer(s). Each assessment includes approximately 150 questions covering 3 major categories: personal, business, and exit readiness. As you move through the assessment and rate yourself on each factor, you will receive a readiness score per category along with a Master List of outstanding action items based on where you are in the succession journey.
This Assessment has been built specifically for independent financial advisors to implement a Succession Plan for their RIA. Our goal is to provide your team with a roadmap to complete the Succession Plan on your ideal timeline.
The assessments are designed by exit coaching experts at Ellevate Advisors from real-life experience of coaching advisors through internal succession plans. We have found that addressing personal goals and development alongside business action items is integral to the holistic success of the transition!
This comprehensive assessment includes approximately 150 questions covering 3 major categories: personal, business, and exit readiness. As you move through the assessment and rate yourself on each factor, you will receive a readiness score per category along with a Master List of outstanding action items based on where you are in the succession journey.
This Assessment has been built specifically for independent financial advisors to implement a Succession Plan for their RIA. Our goal is to provide your team with a roadmap to complete the Succession Plan on your ideal timeline.
The assessment has been designed by exit coaching experts at Ellevate Advisors from real-life experience of coaching advisors through internal succession plans. We have found that addressing personal goals and development alongside business action items is integral to the holistic success of the transition!
This comprehensive assessment includes approximately 150 questions covering 3 major categories: personal, business, and exit readiness. As you move through the assessment and rate yourself on each factor, you will receive a readiness score per category along with a Master List of outstanding action items based on where you are in the succession journey.