Wednesday, October 2, 2013



"The business succession plan of an adviser is emotionally complicated and deeply personal" Blue Ocean Global Wealth

The average age of a financial adviser is in the mid to late 50's and the typical practice is one adviser and one or two support staff. Of the 467,000 registered reps, 176,000 are independent and 41% are over fifty.


  •  So, what is your exit plan?
  •  Where do your clients go when you retire?
  •  Where will your employees go?
  •   How much is your life's work of building this book of clients and managing their plan for their future?

The case for succession planning is a presentation on how and why you should have a plan. And it isn't just a retirement that will be the reason to have a plan. Whether there is an attempted sale or transfer, a death, disability, divorce, regulatory enforcement disqualification or bankruptcy what happens in the absence of a plan is clearly a mess a loss of value and bad for your clients.

There are a number of ways to do succession planning learn the different ways transitions are taking place today and may work in the future.

  • So should the solution be an internal succession or a family transfer.
  • Should there be stock or use of debt?
  • What about an earn-out?
  • How much is your business worth and how do you maximize the value of the transition?

Do you have a plan? Join us for an interesting and lively discussion on succession planning October 10th at Maggiano's Restaurant in McLean, VA from Noon - 2PM.

FPA National Capital Area Features Two October Events!
October 10, 2013, Maggiano's Restaurant, McLean, VA
Member Reception - 10:30 - 11:30AM - Please Come Meet Your Chapter!
Member Luncheon - Noon - 2PM - 1 CFP, 1 CIMA, 1 VA and MD Insurance Approved!

Luncheon Program: Members - $35 -- Non Members - $55
Please review the information and register for these two events here!

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