Succession Planning: Understanding and Executing an Internal Transition vs. an External Sale
22 May 2023

Succession Planning: Understanding and Executing an Internal Transition vs. an External Sale
22 May 2023
About the speakers
- Diana BrittonManaging Editor at WealthManagement.comDiana Britton is managing editor of WealthManagement.com, a trade publication for retail financial advisors. She’s been at the publication for nine years, covering independent broker/dealers, regulation and the registered investment advisory channel, among other things. She’s also the host of Transparency with Diana B., a podcast that explores the deepest struggles and hardships that many advisors face in hopes that others may find healing and support. Diana holds a master’s degree in journalism from New York University. A native of Los Angeles, she now lives in Long Island with her husband and two kids.
- Doug JohnsonManaging Director at DeVoe & CompanyDoug joined DeVoe & Company in 2021 as a Managing Director and works with our clients on consulting and investment banking projects.Doug has more than 20 years of senior-level RIA management experience as COO/CCO and consultant. Most recently, he served as COO/CCO at Parcion Private Wealth (~$2B) in Seattle. He oversaw an 80% AUM growth trajectory in the first 12 months of his tenure there. Prior to Parcion, Doug spent six years at The Ensemble Practice, where he supported RIAs and broker-dealers with business consulting and strategic planning. Doug also served in leadership positions at Columbia Pacific Capital Management and Lakeside Capital Management, among other firms.Doug earned an MBA from Thunderbird School of Management/ASU and a BA from University of California Los Angeles.
- Russell SkibickiCFP®, CEPA® Senior Consultant Succession & Acquisition Planning at Raymond James FinancialRussell Skibicki has over 10 years of industry experience as a wholesaler at Carillon Tower Advisors and a consultant on the Succession and Acquisition Planning team at Raymond James Financial. He earned a Bachelor of Science in Business Administration and a Master of Arts in International Business from the University of Florida. In his current role as Senior Consultant on the Succession and Acquisition Planning team, he provides education and guidance to Independent Channel and RIA Financial Advisors to assist them in finding the most suitable strategy to successfully transition or acquire an advisory practice. Russell currently holds the CFP, CEPA and RCC designations.
Key takeaways