Exit Planning Advisors report more engagements at higher fees
SAN ANTONIO, TX, July 04, 2023 /24-7PressRelease/ — The third annual Exit Planning Advisors Survey, sponsored by ExitMap®, once again shows that professionals who work with business owners in the largest single financial transactions of their lives are experiencing rapid growth in the number of their engagements, and a corresponding increase in their fees.
According to John F. Dini CBEC, CEPA, CExP, the Founder and CEO of ExitMap, “This is the third year we’ve seen double-digit growth in the number of engagements, and almost 40% of all practitioners expect to earn over $100,000 from Exit Planning advice.”
“Despite the rapid growth in the field of exit planning advice,” Dini continued, “There are still too few experienced advisors to help a significant proportion of the business owners who need them.”
With just over 3,000,000 employers in the USA who are over 58 years old, exit planning is rapidly becoming a top-of-mind awareness in their strategies. A complete plan includes coordination among legal counsel, tax advice, operational improvement, financing, and risk management. Exit Planners are professionals whose training includes coaching owners on what to expect, assisting them in choosing their transition options, and coordinating the various professionals required for a successful outcome.
“It’s ironic that on the Fourth of July, many entrepreneurs who worked hard in pursuit of the American Dream find themselves without a way to cash in on a lifetime of effort,” Dini said. “Exit Planners dedicate their efforts to defending an owner’s life objectives, and helping them come true.”
Copies of the survey can be purchased at www.exitplannerssurvey.com. Media inquiries should be directed to the ExitMap contact.
ExitMap is a provider of coaching software to advisors, focused on helping business owners prepare for the biggest financial transaction of their lives – the transition of their company through a liquidity event. ExitMap subscribers include attorneys, accountants, business brokers, consultants, financial planners, and wealth managers.
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