Why Wealthcare

Succession Planning

You’ve built a business. Our succession planning model can help you plan for its future.

 

Any entrepreneur knows that there comes a time to exit the business.

Wealthcare’s succession planning model guides advisors like you in trying to get the most value out of your practice. Our GDX360 platform offers consistent client experiences and the continuity that can strengthen satisfaction and reduce attrition.

Excited to start planning your exit? Contact us to learn more.

 Following best practices with succession planning

Following best practices with succession planning

Not every advisor follows the same career path.

When it comes to preparing your advisory business for its eventual transition to its next leader, there are some essential best practices.

  • Plan early when you want to exit
  • Set goals to determine when to execute the plan
  • Develop a consistent, repeatable process for creating personalized client experiences
  • Incorporate your overall business strategy into the plan
A good succession plan has a sound exit strategy

A good succession plan has a sound exit strategy

Ride off into the sunset with a solid exit strategy. Build it before you need it.

By creating an exit strategy now, you’ll have the ability to:

  • Build equity value well before you transition the business
  • Ensure continuity of service for your clients
  • Spot talent: identify and choose an advisor to lead business
  • Provide for the efficient transfer of business to its new leader
  • Retire on your schedule
  • Time your exit in an effort to maximize the value
  • Focus on minimizing the tax impact of the succession
  • Remove emotional decision-making
  • Guard against unexpected events or premature retirement
  • Reduce the risk of a fire sale
Wealthcare’s succession planning model provides financial advisors with continuity

Wealthcare’s succession planning model provides financial advisors with continuity

 

Nothing will short-circuit a potential succession deal faster than operational or compliance issues. Providing clients with a consistent, repeatable, and personalized experience can be challenging to scale.  Wealthcare’s GDX360 platform and succession planning model can help you overcome this challenge.

Streamline planning, investing, operations and compliance functions in one easy-to-use process.

Get started today! Contact us to learn more about how our succession planning model can simplify your succession plan.

Approaching retirement? Our succession planning service helps you plan for your future.

Approaching retirement? Our succession planning service helps you plan for your future.

You’ve been working with clients to plan their futures. Now it’s time to prepare for yours. As you begin to consider retiring, you’ll want to get your advisory business house in order.

Wealthcare’s succession planning model can guide you through the myriad decisions you’ll need to make. We can help you in an effort to maximize your practice’s value while providing your clients with much-needed continuity during the transition.

Ready to start succession planning today? Contact us to learn more.

Announce your transition to clients and business associates

Announce your transition to clients and business associates

Congratulations! You’ve decided to retire or exit your financial advisory business! Now one of the critical parts of the succession planning process begins: communication.

Keeping everyone in the loop reduces the potential for unwelcome surprises. Wealthcare can help you build an effective communications program that:

  • Introduces team members
  • Sets expectations throughout the succession
  • Establishes succession timetable
  • Identifies potential service gaps and provides resolution
  • Provides continuity of service and client experiences

Ready to start succession planning today? Contact us to learn more.

Ways To Work With Us:

Join our RIA

Join our RIA

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Open your own RIA

Open your own RIA

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Stay with your RIA

Stay with your RIA

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Join our hybrid RIA

Join our hybrid RIA

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