Advisor Succession

Hello and welcome to our page dedicated to Advisor Succession! Our team is devoted to acquiring the “right” wealth management practice in Florida that results in success and a fit for clients, the seller, and us as the buyer. We aim for ultimate peace of mind and a prosperous and graceful succession for all parties. We know firsthand that so much goes into your decision and this process. We are honored to be a part of the conversation and look forward to discussing how we can create value for you and your clients.

Please find below several resources – from a background on us, to the value we provide, what to look for in potential suitors, and timely videos that we’ve recorded with experts on the subject of Successions.

Ready to take the first step? Call us to discuss your future succession plans in a 15-minute consultation. We look forward to hearing from you and speaking soon. Please contact our managing partners, Brett Oley or Ryan Kinser.

 

Brett Oley AWMA^®, CFP^®, CRPC^®, MBA
Co-Founder and Managing Partner
Oley Kinser Concierge Wealth, LLC
Financial Advisor, RJFS
brett.oley@raymondjames.com
239.778.1781 Direct

 

Ryan Kinser CFA, CFP^®
Co-Founder and Managing Partner
Oley Kinser Concierge Wealth, LLC
Financial Advisor, RJFS
ryan.kinser@raymondjames.com
239.778.1782 Direct

 

 

 

 

Oley Kinser Concierge Wealth Story

To read more of our story, please click here

 

Acquisition Experience

• Our team completed two successful acquisitions in 2022 & 2023 – with a very high client retention rate to date. We focused on continuity by retaining existing team members and minimizing change from a client’s perspective.
• Team and Infrastructure – We have an experienced team that has decades to go in the business. Our infrastructure gives us the capacity to handle growth through acquisitions and organically through marketing.
• We manage wealth through comprehensive financial planning, professional management, and an obsession for service.
• Most importantly, our team is trusted, caring and competent.

Succession Considerations

• Team capacity, infrastructure, and scalability
• Proven track record of success
• Experience in acquisitions
• Focus on taking care of your team
• Obsessive with client care and attention to detail
• We focus on growing our enterprise, always mindful of protecting our current clients. This ensures continued success for your retirement, team, and clients
• Competency in portfolios and plans; 3 CERTIFIED FINANCIAL PLANNER™ professionals and 1 CFA® charterholder
• Brett and Ryan both made the transition from UBS to Raymond James (both had extremely high retention rates)
• Trustworthy, competent, likeable people and team

Additional Considerations

• An acquisition external to Raymond James involves changing custodians, “repapering,” and general change for your team and clients.
• Seeking a younger, “hungry,” competent, trustworthy, and successful group with capacity to take care of your enterprise can be challenging.

Next Steps: Transitioning into an Action Plan

We’ve successfully done this before and will be your partner throughout the process. Here is our “step-by-step” guide to the general process:

1. Exchange Branch Focus and/or Financial Reports on Your Business: Gain greater understanding of each practice and potential combined entry.
2. Discuss and Update Your Catastrophic Plan: Complete with Keith Kopperud (Successions and Acquisitions at RJFS).
3. Asset Purchase Agreement and Supplemental Documents: Raymond James supplies the documents and reviews. Determine: Valuation Date, Execution Date, and Deal Structure.
4. Collaborate with Professionals: Work with respective attorneys (RJFS has as well) to draft purchase agreement and CPA to confirm tax structure of the deal.
5. Book of Business Analysis: In preparation, perform deep dive understanding of clients, service level, investment strategy, planning, account structure, licensing, etc.
6. Financing the Deal: Once deal structure agreed upon, acquisition loan underwriting through Raymond James for OKCW will take 4-6 weeks.
7. Marketing and Communication Preparation: Full team to discuss acquisition marketing strategy and communication with clients.
8. Execution with Utmost Care and Follow-Through.

Our Media on Advisor Succession

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Oley Kinser Concierge Wealth and not necessarily those of Raymond James. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of RJFS, we do not render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP^®, CERTIFIED FINANCIAL PLANNER^™, which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

For more information, please provide your contact info below.