Futuro is pleased to announce the launch of a succession planning program being offered to financial planners.

In our discussions with many financial planners across the Industry we have observed a number of critical issues in relation to how they intend to exit the Industry.

  • Many Principals do not have the required Degree qualifications & do not intend to pursue them prior to retirement.
  • They acknowledge they have until 2026 & then they will exit
  • No strategy around how they will exit
  • No succession plan
  • No plan for how to maximise their capital value on retirement
  • Not aware of the value drivers for maximising capital value

Futuro has experience in helping advisers work through these issues and developing a strategy for succession/exit.

It is our experience that with the appropriate plan in place & executed, advisers can double their business capital value in the preceding 5 years before retirement.

If you are serious about working hard on the value drivers in your business, then we are interested in partnering with you.

Futuro Ten Value Drivers

  1. Formal strategic plan with clear accountabilities
  2. Leverage staff structure
  3. Compliance mindset & behaviours
  4. Strong understanding of cost to serve & appropriate pricing
  5. Strong processes and willingness for continual process improvement
  6. Willingness to change & adapt
  7. Referral process with clients
  8. Centres of influence relationships & referring
  9. Owners maximising the use of their time with high value clients & developing market opportunities
  10. Open to maximising technology

Management at Futuro have a track record of helping business owners reach a successful outcome in their exit or retirement from financial planning.

We will ask that you work with our business coach to set the strategic plan and how you will drive the value in your business. This support will be ongoing. You shall benefit from support every step of the way in the process of developing your business for succession.

To have a conversation about the value drivers in your business and how to set up a plan to optimise your capital value, please call us on 07 3018 0400 or email info@futuro.com.au