What is advisorRETIRE™

advisorRETIRE™ is the independent advisor’s succession plan. It’s a time tested way to take care of your clients as you cash out your practice and move effortlessly into retirement.  

Retiring from your practice is a difficult and emotional thing to do, and the complex nature of succession planning has caused many advisors to put it off year after year. Only around three percent of advisors currently have documented succession plans to protect their businesses, their clients’ best interest, and their own families’ assets.

Who will pick up where you leave off?

If you haven’t already begun to define how your practice will carry on without you, now is the time.

• If your retirement is five years away, having a succession plan is urgent.
• If it’s two years away, you’re facing a crisis if you don’t have a succession plan that you can begin to execute.

However, many of our clients have already passed the age when they originally wanted to retire, due to the difficulties inherent in implementing a successful succession plan. Others have decided not to create a succession plan at all, simply intending to die with their boots on.

If you’re planning to die in your boots, consider this: You are likely to outlive the value of your business, so you still need some sort of a plan. The best time to take care of your clients, your staff, and your family is while your business has a strong value.

It doesn’t have to be this way, and we understand the challenges you are facing.

1. Succession planning is hard. You’ve poured your life into building relationships with your clients. You’ve earned their trust. They’re your friends. Transferring your book to someone else feels like handing over a young child to a babysitter you don’t trust. This rapport and commitment to your clients is not something that you can just give away haphazardly.
2. Succession planning is a once-in-a-lifetime event. You haven’t done this before. It’s uncharted territory. And your lack of experience can breed fears and doubts that you’re doing it wrong or missing things that you will wish you had done better.

Yes, succession planning is hard, and it is not for the faint of heart, but you have what it takes to face this. You were built for this challenge. You were born for this hour. You are not one to shrink from duty or hide from difficulty. And even though you have never done it before, you DO have the skills you need.

All you need is a successful exit strategy. After all, haven’t you been training your clients for years to think about the future, set goals for their finances, and then implement the necessary tactics to achieve those goals? It’s the same concept with your succession plan, and you’ll find that it feels natural when you plug into advisorRETIRE’s turnkey system. We have taken the burden upon ourselves to create a plan that provides continuity for your clients and sure footing for you.

You can count on advisorRETIRE. We have proven experience assisting independent financial advisors to implement and execute a succession plan. It’ll be done on your timeline, in a way that gives your clients a smooth transition and maximizes your peace of mind.

Next step: How does this benefit me?
Learn about the benefits of the advisorRETIRE™ plan.