Internal Successions

Passing The Torch To NextGen Advisors

Internal (NextGen) practice transitions are becoming increasingly more common as practices get larger. For a practice with one or more associate advisors, transitioning internally can be the best option for building a true legacy business; one that will service generations of clients. Internal transitions have a substantial and unique value proposition, as well as some unique challenges.

In this webinar, our succession experts at Advisor Legacy will discuss each of these considerations in detail, followed by a Q&A session at the end.

About the Speaker

Todd Doherty serves as Vice President for Advisor Legacy, where he helps advisors navigate the entire M&A process from start to finish. With over 15 years of senior leadership experience in financial advisor firms, Doherty knows first-hand what it takes to grow a successful practice. His specialties include growing practice value, succession and acquisition strategy and planning, business valuation analysis, and operations. Doherty works closely with his team to help advisors make smart decisions and successfully execute practice sales and acquisitions.

“Having never gone through this process before, the knowledge and professionalism Advisor Legacy displayed was invaluable. They helped us really understand the process and the value drivers of the practice so we could design a deal that worked for everyone. We wouldn’t have been able to figure this out on our own. They were always responsive and gave us undivided attention during meetings. They even helped us with finding lenders for financing and legal support.”

-Ameriprise Advisor