Test the water before jumping in

Succession Planning

Test the water before jumping in

Would you propose marriage on a first date? Or, presume to accept a new client and develop a full financial plan after one brief, general discussion? Of course not. The same premise applies when acquiring a practice. Before you discuss price, terms or even a timeline, get to know the seller better (even if you’ve known each other for years) with an initial meeting or a series of meetings.

Would you propose marriage on a first date? Or, presume to accept a new client and develop a full financial plan after one brief, general discussion? Of course not. The same premise applies when acquiring a practice. Before you discuss price, terms or even a timeline, get to know the seller better (even if you’ve known each other for years) with an initial meeting or a series of meetings. 



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