Succession Planning for Financial Advisors: Your Exit Options Explained (Ep. 70)

Do you have a succession plan, or just an idea of one?

In this episode, Andrew Mirolli, co-founder and managing partner of buyAUM, joins Kristin to talk about how financial advisors can plan their exit.

He walks through the main options for selling or stepping back, what buyers look for in a firm, and how to test a successor on your own team.

Listen in to learn why planning early makes your business stronger today.

Andrew shares:

• The 90-day question that shows how ready your firm is for a transition.
• The three exit paths.
• What buyers pay more for, and what quietly lowers your firm’s value.
• How private equity is pushing valuations higher, even for small practices.
• What helps you avoid regret after a sale.
• How to test junior advisors before selling.

Resources:

• (Ep. 45) Scaling Without Sacrifice: Partnering for Smarter Growth with Michael Young
• Free TruValue Report

Connect with Andrew Mirolli:

• LinkedIn: Andrew Mirolli, CEPA®
• buyAUM.com
• Email: andrew@buyaum.com
• Meet with buyAUM

Connect with Kristin Harad:

• LinkedIn: Kristin Harad, CFP®
• FullAdvisorCoaching.com
• FullAdvisorCoaching.com/Resources
• X: KristinHarad
• Email: kristin@fulladvisorcoaching.com
• Schedule a Conversation with Kristin