Practice Strategies

RIA To Unveil Succession, Acquisition Program For Advisors

Tom Burroughes Group Editor May 24, 2013

RIA To Unveil Succession, Acquisition Program For Advisors

United Planners Financial Services, a national RIA and
independent broker-dealer partnership with more than 350 advisors, said it will
announce its new acquisition and succession program at its annual partners conference
in Scottsdale, Arizona on May 31.

The LEAPS Program (Legacy, Exit & Acquisition Planning
Solutions) is designed to help UP advisors find a suitable successor and create
an intentional succession or acquisition plan, the firm said in a statement.

"Research shows that over 50 per cent of advisors do
not have a succession strategy," said United Planners' chief executive Thomas
Oliver.

UP has partnered with David Grau, who is the head head of
Portland, Oregon based Succession Resource Group to deploy and support the
LEAPS program.

"With an aging advisor base, broker-dealers and
custodians are aware of the need to help advisors with succession and
acquisition resources," said Grau.

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