NATIONAL FINANCIAL PARTNERS CORP. 
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NEW YORK, NY - April 3, 2014 - NFP Advisor Services recently unveiled a suite of succession planning resources for its financial advisors. NFP Succession Planning is a transition readiness program that focuses on the critical components of a buy or sell opportunity so that the benefits of either type of transaction may be maximized.
By assessing advisors' immediate and long-term needs, and by providing a customized timeline, this resource offers invaluable guidance for advisors and their practices. Tools such as the NFP Succession Planning Guide allow users to easily prepare the information needed to execute an effective plan of action. In addition, NFP Succession Planning consultants can help secure financing for a successful
buy or sell transaction by directing advisors to sources experienced in such transitions.
James Poer, President of NFP Advisor Services, said, "Succession planning is of critical importance in the area of wealth management. Studies show that 1 in 10 financial advisors is over 60 years old, and M&A consultants suggest that it is best practice for owners to begin preparing for succession up to 10 years before any anticipated transition, yet most advisors haven't even started. With the support of the NFP Succession Planning resources, NFP Advisor Services advisors will be uniquely positioned to enhance the value of their practice, or evaluate a practice they are looking to purchase, before successfully executing their future plans."
Mr. Poer added, "The introduction of NFP Succession Planning is in line with our commitment to empower our advisors with innovative technology, consulting and services to support their business needs."
To view the complete results of a previous study commissioned by NFP Advisor Services and produced by leading research firm Aite Group on maximizing practice value and succession planning best practices for financial advisors, please visit www.nfpasg.com/practicevalue.
National Financial Partners Corp. (NFP) and its benefits, insurance and wealth management businesses provide diversified advisory and brokerage services to companies and high net worth individuals, partnering to help preserve their assets and prosper over the long term. NFP advisors provide innovative and comprehensive solutions, backed by NFP's national scale and resources. NFP operates in three business segments. The Corporate Client Group provides corporate and executive benefits, retirement plans, and property and casualty insurance. The Individual Client Group includes retail and wholesale life insurance brokerage and wealth management advisory services. Advisor
Services serves independent financial advisors by offering broker/dealer and asset management products and services. Most recently NFP was ranked in the top 10 on Business Insurance's 100
Largest Brokers of U.S. Business and Best's Review's Top Global Insurance Broker lists; second on Business Insurance's Largest Agents and Brokers Headquartered in the U.S. Northeast; it operates the fifth-largest executive benefits provider of nonqualified deferred compensation plans by total clients, as ranked by PlanSponsor; and operates a top 10 independent broker/dealer as ranked by Investment Advisor. NFP is also a leading independent life insurance distributor according to many top-tier carriers.
For more information, visit www.nfp.com.
NFP Advisor Services is a business segment of NFP that includes NFP subsidiaries NFP Securities, Inc., member FINRA/SIPC, and NFP IndeSuite, Inc.
Media Relations Ashley Cop communications@nfp.com
512-697-6026
Lesley Bogdanow/Emily Deissler
Sard Verbinnen & Co
212-687-8080
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