Based on recent surveys of BDs and RIAs, the industries are on track to experience a surge in transitions. It is estimated that the average RIA owner is in his/her low 60’s and the average age of financial advisors has steadily increased to 55. Few people think about their own death or disability,
let alone how to successfully transition their business or the essential actions to successfully merge or sell your BD or RIA.
THE TIME IS NOW TO PUT YOUR SUCCESSION PLAN IN PLACE.
In our Succession Planning Workshop You will learn:
· The Five D’s that put your enterprise at risk;
· Regulatory issues impacting practice transition, succession and deal structure;
· Whether to merge your firm or sell it and the compliance, due diligence and regulatory procedures that must be satisfied;
· The practicalities and necessity for Professional Liability and Reps and Warranties Insurance.
IBDC ALLIANCE MEMBERS
Lilian Morvay, JD
Independent Broker Dealer Consortium
Ivan Dolowich, Esq.
Kaufman, Dolowich & Voluck
Ed Barkel, Esq.
Lewis Roca Rothgerber Christie
Executive Vice President
Willis Towers Watson
Kingwood Group US