Stephen Ettinger, with LPL Financial out of Pennsylvania, is another financial advisor who has recently found what he is looking for through the Succession Link Platform. Hear his story and feedback using Succession Link.
“I have looked for years to create a Legacy plan for my clients. I say years because as I look back, the time just seemed to slip away. Being a financial advisor since 1987, I had various experiences. First with a “Penny Brokerage” firm known as Blind them and Rob them. It only took a month to realize that their are greedy people in this business and I quickly departed to a TSA (Tax Sheltered Annuity) house. The TSA business was great and I accumulated over 1,000 clients in a few years. The needs of these clients were demanding, as they borrowed and withdrew from their retirement accounts as needs and wants easily overwhelmed them. The TSA business was a great business, but not for me. I sold my “book” to the TSA house. The owner of the TSA house suggested I would be a good fit for LPL and transferred to LPL on his advice. At LPL I was able to grow my business by becoming an OSJ and training new advisors. The OSJ was successful and I sold the OSJ to an advisor I had trained, while keeping 35 families that I enjoyed working with. Both my clients and myself grew old together. The running joke was who was going to die first, so far I was winning, as I sadly lost clients. Now, I had a smaller practice and older clients we were both concerned about the future, I needed a plan that would keep them safe. I worked alone and did not meet other like minded advisors; where do you meet them? Then I registerd with Succession Link. I had 48 hits. I guess it was like a dating site. I communicated with about 15 advisors, looked them up on Broker Check, and then sat down with 6 of them. I think I found a good fit and we are now engaged. Thank you Succession Link, I discovered the value of my business, in your marketplace. I now think that the match concept is great and I believe I have found my new partner for my loyal clients.”
From all of us here at Succession Link, we would like to thank you for the opportunity to work with you. It was truly our pleasure to help you connect with the right advisor to create the Legacy plan for you, your clients, and your practice.
About Succession Link
Succession Link is the leading networking and communication platform connecting financial advisors who are interested in buying, selling or merging their practices. We provide state-of-the-art tools leveraging resources, data, and knowledge to set the stage for desired business expansion and succession planning opportunities.
We are dedicated to building trusted partnerships. We strive to serve the full lifecycle of and their businesses: start, growth, continuity, and succession by facilitating the online introduction of like-minded professionals and shaping the framework for productive and meaningful online social interactions.