Succession planning isn’t straightforward, however when life circumstances speed up the timeline, it requires braveness, readability, and deep belief in your group. This episode explores handle an possession and consumer transition with empathy, construction, and transparency.
KayDee Cole is the founding father of Readability Wealth Growth, an RIA primarily based in Corvallis, Oregon, that manages $200 million in AUM for 220 consumer households. Hear in as KayDee shares how she navigated an expedited succession plan after a most cancers recurrence, promoting fairness to her COO by a seller-financed mortgage and getting ready different group members for possession. We additionally speak concerning the structured four-meeting course of she created to transition shoppers to new advisors, how she coached her group by readiness conversations, and the way clear communication helped retain almost all shoppers by the change.
For present notes and extra go to: https://www.kitces.com/468
