Succession Planning

Whether you are taking over another practice or you are considering retirement yourself, LexAurum stands ready to offer robust support in the succession planning process.  Having a good succession plan on file can give you peace of mind and protect your practice in the case of an unexpected transition.

Practice Acquisition/Growth

LexAurum offers the following tools to advisors looking to grow via acquisition/purchase:

  • Detailed Planning Checklist

  • Customizable Template Agreements

  • Standard Letters and Forms to Help with the Transition

  • One-on-One Counseling

  • Ideas on Practice Valuation

  • Referrals to Qualified Attorneys and CPAs

  • Expertise on Key Person Life Insurance Issues

Death, Disability or Retirement

LexAurum offers the following tools to advisors looking to protect their practice in the events of death, disability or retirement:

  • Customizable Sample Agreements to Transfer Accounts

  • Sample “Caretaker” Agreements

  • Ideas on Future Practice Valuation

  • Access to LexAurum’s Network of Contacts and Financing Options

  • One on one Counseling

  • Referrals to Qualified Attorneys and CPAs

  • Complimentary Review for Compliance with Industry Rules