We’re excited to announce our upcoming webinar Best Practices in Financial Advisor Succession Planning, scheduled on Wednesday, June 22, 2022, at 1:00 PM CT. 

By now, those of us working in the financial advice industry are well aware of the looming advisor shortage. Research from Cerulli Associates estimates that approximately 103,000 financial advisors will retire by 2030, nearly 40% of the 260,000 advisors in the United States. Discussions around this topic and our previous blogs have centered around the need to attract and retain top talent. While a sound talent management strategy is vital for your firm, it’s only part of the equation. In order for your business to weather this impending drought in the years ahead, you need to invest in an advisor succession planning strategy. In the same research report from Cerulli, they found that of the 103,000 financial advisors retiring over the next decade, 26% are unsure of their succession plan.

In Best Practices in Financial Advisor Succession Planning webinar, we will explore industry trends, effective models, and the role of technology in succession planning for your financial advisor team. Discussion topics include:

  • A look into current industry trends with the forecasted advisor shortage and the low adoption rate in succession planning.
  • Industry experts Kehrer Bielan Research and Consulting share best practices and effective models for succession planning.
  • Explore the benefits of compensation technology for automating succession planning through a customer use case.

Our featured speaker Arthur Osman, a consultant with Kehrer Bielan Research & Consulting, will present strategies for developing succession planning deal structures. Arthur Osman has been a leader in the financial advice industry since 1996 as a financial advisor and in various senior leadership positions in the areas of sales management, recruiting, compliance, relationship management, and business consulting.