Succession Planning

Succession planning – exit strategies

There are several ways to achieve successful succession planning and RJ & Makay can help financial advisors ascertain and evaluate their options. Succession planning requires pinpoint resolution to issues particular to your unique situation.

We take special care in helping financial advisors sell their businesses because we know how much investment of a financial advisor's time, resources, and effort goes into establishing, building and growing this kind of business. RJ & Makay brings expert knowledge to succession scenarios and we apply our expertise to the benefit of the exiting advisor.

We can help you understand what your practice is worth based upon our industry knowledge, client interest and third party consultants we partner with. RJ & Makay can help provide transition planning, resources and support.

RJ & Makay helps advisors with succession:

  • Strategy options
  • Plan development
  • Maximizing valuation
  • Taxes and estate
  • Regulations and requirements
  • Plan implementation

Call RJ & Makay to discuss the valuation parameters of your business and determine how to best position and maximize your exit strategy including:

  • Selling a practice outright
  • Transitioning out over time
  • Scaling back to just work with selected clients
  • Selling to a firm or another financial advisor
  • Joining a rollup firm
  • Sunset plans
  • Preparing your business for a future sale