Deciding to retire can be a formidable undertaking. In addition to your own future well-being, there is a great concern for what will happen to your clients. You’ve spent years growing a financial advising practice, and with it, you’ve established many close, long-standing client relationships. How can you ensure that your clients will be served appropriately through a seamless transition and that you are amply rewarded for this legacy? When and where do you begin building a succession plan that achieves these goals?
Edward Jones recognizes the importance of every financial advisor having a succession plan, so we’ve created a thoughtful, but thorough process to help our FAs plan for the next chapter in their lives. The firm treats succession planning as a step in a career-long practice management program. Just as we are there to support our financial advisors with coaching and peer support when building a practice, we are also there to provide the resources and guidance necessary to build a successful retirement transition plan.
Edward Jones offers their financial advisors at all levels of production a thoughtful, turnkey process. The plan ensures a seamless transition for clients and provides fair and competitive compensation for the retiring advisor
