Advocis Thompson Okanagan: Build the Practice, Build the Value

This day covers both halves of that. The morning is about running a better practice. The afternoon is about what happens when it changes hands. Six sessions, a moderated panel of advisors who've been through it, and a room of advisors at every stage of the same problem. Location: Kelowna Yacht Club, 1370 Water Street, Kelowna BC ------------- Event Agenda: 9:00 to 10:30 | From Busy to Built, Then Ready to Grow Jeff Thorsteinson, Advisor Practice Management A practice can look successful from the outside and still run on the advisor holding everything together. The calendar's full, the revenue's real, and too much of it still lives in one person. Jeff opens the day with 90 minutes on where that dependency shows up and what it costs, both in how the practice feels to run and in what it's worth to a buyer. Registrants complete a short Practice Excellence Assessment beforehand and work through their own results across four areas. From there Jeff turns to growth, and the difference between an opportunity problem and a capacity problem. You'll leave with your top three leaks and one 90-day priority for your team. 10:30 to 11:00 | Managing Your Time Like a CEO Charlene Wolthuizen, Business Coach for Financial Advisors [Coming Soon] 11:00 to 11:15 | Coffee break 11:15 to 12:15 | Total Cost Reporting, An Opportunity For Creativity Erin Wilson, CFP, CIMA, CIM. Vice President, Private Wealth Management, IG Private Wealth Management Not another monologue from the stage. Erin will show you how to think differently about Total Cost Reporting and CRM3, then put you into table discussions to share ideas with colleagues on how you can experiment in your own business to create more memorable client moments. 12:15 to 1:00 | Lunch and Advocis Update Rob Bauml, CFP, CLU. Summit Financial 1:00 to 1:30 | Clear Lending, Financing the Sale Tom de Larzac - Director - Financial Advisor Lending - Care Lending Group Financing as a Growth Tool: An overview of the Canadian lending environment, including coverage of various leverage and transaction structures as well as valuation methodologies to equip advisors with a better understanding on their financing options going forward. The focus will be to arm advisors with the understanding of what makes a transaction suitable for financing, how to be prepared when evaluating opportunities, and how to filter identify viable transactions within the first conversation. 1:30 to 3:00 | Succession Planning Panel Karen Erickson and Kayla Caruana, IG Private Wealth Management. Eric Lidemark, Lidemark Financial Group. Rob Bauml, Summit Financial. Four advisors on their own succession experience. What they got right, what they'd do differently, and what they wish someone had told them earlier. Buying, selling, internal transitions and intergenerational partnerships, with time for questions from the room. 3:00 to 4:00 | The Advisor's Exit Strategy. Legal Structures, Value Preservation, and Tax Planning Samantha Ferguson, Partner, TEP, and Max Walker, Partner, Tax. Lawson Lundell LLP A successful succession plan is about more than retirement. It's about preserving enterprise value, continuity for clients, and an efficient transition of ownership. Samantha and Max cover the legal structures, the practical considerations, and the tax planning that shapes a transition around your personal, business and legacy objectives. 4:00 to 5:00 | Networking social Sponsored by: Lori Lee - National Bank ----------- What's included All six sessions, the pre-event Practice Excellence Assessment, participant workbooks, lunch, and the networking social. [CE credits pending accreditation.] ----------- Registration: • Advocis members $135 • Non-members $175 • Table $1080 • CFA/KEPS Member $85 ------------- Speakers Tom de Larzac Director Financial Advisor Lending, Care Lending Group Tom has spent his career working in the financial industry focusing on Cashflow lending for Specialty industries, including business valuations and acquisitions. He has spent time working with business owners and brands, both domestically and internationally, driving business growth and development. Tom prides himself on his focus on industry knowledge, client centric, and long-term approach to finding business solutions in all that he does. ------------- Questions: If you have any questions or concerns regarding this event, please reach out to the Advocis Thompson Okanagan at [email protected]