Your exit strategy starts long before you exit

Many advisory firm owners handle value, liquidity, and succession on different timelines: valuation when someone asks what the firm is worth, liquidity when a deal is on the table, and succession when forced by a health scare, a partner's exit, or an unsolicited offer.

Those three tracks used to run far enough apart that treating them separately was workable. As firms add headcount and take on outside capital, they stop being separate. A decision about who owns equity affects what a buyer will pay. Staffing affects how much the business depends on the founder. Financing shapes what transition options remain open in five years.

That disconnect is the premise behind the upcoming August 18, 2026, at 2:00 PM ET InvestmentNews webinar, Value, Liquidity, Succession: Why Advisors Can't Treat These as Separate Conversations, featuring Jeremy Holly, EVP of Capital Partners at LPL Financial. The session explores why these decisions increasingly need to be made together, not one at a time.

What the session covers

The discussion centers on links between the three: how a choice in one area constrains or expands the others, and how to plan for all three at once even if a transaction is years off.

Attendees will come away able to:

• Spot the risks that erode value when planning is siloed or delayed. The kind of risks that only look like problems in hindsight, during diligence.
• See how routine decisions about scale, staffing and capital build or undermine long-term value. These are operating decisions, made well before anyone is thinking about a transaction.
• Apply a framework that aligns business goals, timing and monetization options, usable whether a liquidity event is next year or a decade out.
• Recognize the early signals that current tactics may be narrowing future continuity or exit options.

As firms grow, it becomes harder to separate decisions about value, liquidity and succession. Each one shapes the others.

Register here!

For Financial Professional Use Only.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer. Member FINRA/SIPC.

This article was created in partnership with LPL Financial