Instant Insights / Succession planning: planning your exit

We're in the midst of a once-in-a-generation sea-change in agency ownership. Here are some issues to tackle, and ideas to consider.

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Creating a viable succession or exit plan for your insurance agency

Many advisory firms have hit a crucial stage. Most will not pass to an outside buyer or next-gen advisor. Will your firm endure?

By Matt Lynch | Updated on April 06, 2017

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With the graying of the profession and the complexity of today’s financial services world, many advisors find themselves overwhelmed and stuck when it comes to creating a viable succession or exit plan.

Too many have postponed what should be a long-term process; sadly, these advisors may feel successful now but will be disappointed with the final outcome.

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