How To Ensure Your Wealth Management Firm is "Sale Ready"

Is your financial advisory business "sale ready?" Meaning... is your business profitable and sustainable enough that someone else would be willing to buy it and have the business continue to run smoothly?

Josh Patrick, Founding Principal of Stage 2 Planning and author of "Sale Ready Company" joined me on the latest episode of the Modern Financial Advisor Podcast to share some key strategies for ensuring your RIA firm or independent financial advisory business is prepared for succession or M&A even if you have no desire to sell.

 
As you'll discover, preparing your business to be sale-ready is a fantastic way to discover unrealized value.

Partner With Truelytics: Do you work with RIAs and independent financial advisors? Are you helping them grow their business, become more profitable, or prepare for transitions? If so, you should reach out to explore the Truelytics Solutions Partner Program. 

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Resources Related to this Episode:
Below is a list of resources related to this episode or mentioned in the update video above: 

• The Value of Financial Planning and Exit Coaching for Financial Advisors - Hear how Brooklyn Brock and her firm, Ellevate Advisors are helping financial advisors prepare for their exit from the business.
• "The Sale Ready Company" by Josh Patrick - This is a fantastic read for any advisor or business owner thinking about their succession plans.  
• The Ant and The Aardvark - I misspoke, I meant it was Jackie Mason who voiced the aardvark. Anyway... I thought you might have some fun with this after you check out Josh's other book "Sustainable."