"70% of advisors with less than 10 years until retirement don't have an adequate succession plan in place."

2010 Investment News/ Moss Adams Performance Study of Advisory Firm. p.24. Fig 41 & 42 

Lets Talk About Succession Planning

Are You Ready to Retire? 

Do you have Health, Wealth, & Purpose?

You're a fellow wealth advisor who is considering selling your practice after a long, successful career, but you don't know where to start. How do you find the right advisory firm who will take care of your clients with the same level of compassion that you've provided all these years? How will you arrange a sale? What type of precise planning is required for a succession?

Why The Embrescia Wealth Management Group

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before you retire.

Points to Consider & Questions to Ask




Are you healthy enough to continue to work and service your clients?

Are you financially prepared to retire?

What will your purpose after retirement be?

"The advisor listens to and understands the seller's motivations and works for a deal that suits both parties." 

Jeff Concepcion, CHFC

Founder & CEO of Stratos Wealth Partners

When should I look for a successor?

The ideal successor will share your values and approach to client service. It's also important that the company behind your successor is financially strong and has the product depth to meet your clients' needs. The Embrescia Wealth Management Group builds deep and lasting client relationships based on our holistic approach to financial planning and advice. The Embrescia Team provides excellent service to each client as we believe they are family.

When should I sell?

Even though many advisors sell their practices outright, the Embrescia Wealth Management Group gives you the option to transition over time, team with an advisor, or scale back and work only with select clients.

Do I want to transition to a new broker dealer?

The transitions team provides comprehensive transition support beginning with the initial onboarding and continuing for 60 days post-resignation. Our transitions team provides the advisor with repapering support, preparing and mailing the client paperwork on the day his or her securities licenses transfer to LPL. The team also provides the advisor and his staff with a Best Practices call just prior to resignation. Our support involves assisting with account opening and tracking their change of broker dealer request to be sure the direct business accounts network to the LPL accounts.​

What is my business worth?

There are many components to valuing a financial practice. We look at much more than revenue or assets under management. The Practice Acquisitions team at LPL Financial will help you understand what your practice is worth, based on our industry knowledge and experience.

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