THE PERFECT RIA
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What You'll Learn In Today's Episode:

  • Why CEOs need to understand the buyer landscape.
  • What Harris has seen with second generation advisors.
  • Matt’s experience with a success plan.
  • The importance of planning well in advance.
  • Why succession agreements are applicable to every advisor.
Table of Contents

What happens when a senior advisor is looking to sell their practice to a junior advisor, but there’s a large gap between the firm’s valuation and the advisor’s income? On today’s What Works Wednesday, Matt is joined by Harris Baltch from Dynasty Financial Partners to share his recommendations for advisors who may be considering selling their practice, as well as an advisor who may be considering buying in the future. Harris will also discuss the importance of CEOs being educated and why planning early can make all the difference in a deal going forward.

Ideas Worth Sharing:

‘90% of what we do is help educate’. - Harris Baltch Share on X “If you’re on either side of a multigenerational firm, you’ve got to start now.’ Matthew Jarvis Share on X ‘Things need to be done now in order to prepare for later.’ Harris Baltch Share on X

Resources In Today's Episode:

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Navigating Succession Planning in Financial Advisory With Dustin Mangone [Episode 329]

You can’t lose by learning early.

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