Carrie introduces Susan Latremoille, founder of Next Chapter Lifestyle Advisors. Susan shares her journey from building a successful financial advisory practice to selling it at a premium valuation.
With over 40 years of experience, Susan transitioned from Merrill Lynch to entrepreneurship, ultimately exiting her company in 2019. She discusses the importance of trust and team development in her business, as well as the process of preparing for and executing a successful exit.
She also works with financial advisors to enhance their client relationships beyond just financial planning.
2:20 Susan’s Path Into Financial Services
5:51 Moving Into an Independent Financial Practice
6:49 Shifting to Strategic, High-Level Board Meetings
8:00 Why Independent Investment Choices Matter
9:36 Building Client Trust From the Ground Up
12:14 Preparing Entrepreneurs for Business Succession
13:20 How to Find the Right Successor
14:05 Why the Age Gap Matters in Succession Planning
16:01 Transitioning Clients Smoothly to New Leadership
18:24 Formalizing a Seamless Business Transition Process
20:10 Why So Many Business Owners Regret Their Sale
20:50 Starting Next Chapter Lifestyle Advisors
24:09 The Importance of Personal Planning Before an Exit
26:00 How to Connect With Next Chapter Advisors
