By Suzanne Patrick-Lawrence
Imagine this: you wake up one morning and realize that, just like everyone always says, life has flown by. In your dedication to helping your clients thoroughly prepare for their future, you haven’t given the same time and attention to your own. Where do you start? What direction do you want to go? Those questions can stump you or cause a sense of panic, but they don’t need to. You just need to know who to turn to.
At Advisor Business Solutions, we are here to guide you and your firm through a successful transition as you draw nearer to your own retirement.
What We Do
For almost 20 years, we have worked alongside CFP® practitioners, Registered Investment Advisors (RIAs), financial planners, financial advisors who cover a broad range of retirement, tax, and financial planning services, wealth managers, trust companies, investment managers, Certified Public Accountants (CPAs), and Enrolled Agents (EAs). Advisors come to us because they want a succession partner, someone to help them understand what options they have to exit their business.
How We Help
As you can imagine, tackling these questions and options involves many variables and emotions. Advisors have spent their careers growing and investing in their businesses. Their clients are like family and their practice is a significant part of their identity. You don’t want to hand off your clients and your legacy to just anyone, or leave your clients hanging without someone to guide them. That’s why we don’t have one-size-fits-all strategies. Our first step in developing a personalized exit plan is to build a relationship with our advisor clients so we can understand their vision, their personality, their worries, and what they want the process to look like.
We then create a road map of next steps to maximize your firm’s value, providing concise recommendations to guide you and your staff through the entire strategic process. Whether that involves firm growth, team building, rebranding or practice management, we give you the support and structure every step of the way. When we get closer to your career finish line, we provide customized matchmaking with pre-qualified professionals who are looking to merge or acquire with your desired exit plan in mind. Our goal is to find quality, like-minded advisors so you can feel peace of mind when successfully transitioning your practice and clients to a different advisor.
Why Advisors Choose Us
While it might be tempting to stick your head in the sand because the decisions surrounding succession and exit planning are overwhelming, we encourage you to let us help you tackle this major milestone in your career and set you up for success. With us, you always come first. We are a client-centered, relationship-based business that prioritizes transparent communication, deep industry knowledge, honest assessment and feedback as you work through this process. You and your practice matter to us, and we hope that our support will help you reach your ideal outcome regardless of your situation.
Think of us as your right-hand guide, someone to be a sounding board, an objective voice, and a shoulder to lean on as you move through your emotions and concerns toward your retirement dreams. Just as you advise your clients not to plan for retirement on their own, we believe you should also experience the confidence that comes from working with a professional who has your back.
Take The First Step
If you’re thinking about where to start for your succession plan, we are here to help. We invite you to reach out to us at Advisor Business Solutions by emailing [email protected] or calling 562-439-4804 to learn more about how we can help you with the next step in your business.
Suzanne Patrick-Lawrence is president and CEO of Advisor Business Solutions. She is a business planning and communications specialist with over 20 years of experience developing business and marketing strategies for financial services, global corporations, government agencies, nonprofits, and small businesses. She is passionate about working with financial advisor practices seeking guidance, support, and structure to position their firms for a successful transition. To learn more about Suzanne, connect with her on LinkedIn.