Join Park City Wealth Advisors: Succession Planning
Planning for Your Future, Today
You’ve dedicated your career to managing your clients’ wealth, but have you considered the future of your own practice? At Park City Wealth Advisors, we understand the importance of succession planning and are here to help.
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The Importance of Succession Planning
Many wealth advisors, like yourself, have spent years, even decades, building strong relationships with their clients. The thought of those clients not receiving the same level of care from someone else can be daunting, leading many advisors to delay planning for the future1.
In fact, studies have shown that 73% of advisors lack a formal succession plan, and 40% of firm owners with assets of at least $500 million under management have no plan1. This lack of planning can leave both you and your clients in a precarious position should something unexpected occur.
The Benefits of Having a Succession Plan
With a robust succession plan in place, you can:
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Increase Flexibility: Planning ahead provides more favorable options when exiting your firm.​
Our Commitment to a Seamless Transition
At Park City Wealth Advisors, we have extensive experience in acquiring advisor practices and have a defined process in place to assist wealth advisors like you. We understand that the transition process can seem daunting, which is why we strive to make it as smooth as possible for both you and your clients1.