70% Fee based moving toward all Fee based. Fee for Planning on Second Meeting. I use fee based accounts with Mutual Funds, ETF's, and a few individual stocks with some clients. I use Third Party Money managers with some other clients. I do use Annuities for an income Benefit when absolutely necessary. I don't like non traded investments. Its all about the income and time segmentation.
I would like to merge with a practice my size or smaller with someone who would like to be out of the business in less than 3 to 5 years. Less if possible. I'd also merge with someone smaller and young, who could become a successor for me. I do not have a contingency plan. However, I am not retiring soon.