I'm looking for a continuity plan. I have no plans to retire any time in the near future. I do, however, need someone who can take over, and run, my business if something should happen to me. I would like a reciprocal agreement with someone, where I would take over their business if they retire, leave the business, or become unable to run their business.
I have almost $50 million in assets and have a large book of variable annuities on which I receive about $300,000 per year in trails. The other assets I have are managed accounts and mutual funds. I'm currently transitioning the mutual funds to advisory accounts. Going forward, my business will be 75% or more advisory accounts.
I am not looking to sell. I don't want to become part of a bigger group, larger office, etc. Please contact me if you're interested.