Retiring, slowing down, or ready to hand off a few relationships? Morrowgate is a Rochester successor for your whole book or just part of it, on a timeline you choose.
of advisors expect to retire within the next 10 years.
of them are not sure what their succession plan is.
Without a plan, the decision still gets made.
Just not by you.
Source: Cerulli Associates, The Cerulli Edge U.S. Advisor Edition, 3Q 2026. Industry survey data; not specific to any firm.
2-minute readiness check
Six questions, two minutes. Private to you: no email, and reloading the page clears your answers.
The advisor succession guides
Short, plain-English guides. Start with the one that keeps you up at night.
The number, the terms and the tax bill.
One phone call can make retirement feel real overnight. Vet the buyer and the economics before momentum decides for you.
Read the guideWhat a successor is really buying: the earnings, the relationships and the work that comes with them.
Read the guideMoney at closing, money later, money that depends on clients staying, and the work you still owe.
Read the guideAllocation, installment payments, pay for staying on and your entity type all change what reaches you.
Read the guidePick the person your clients will rely on.
The pitch shows what they want you to see. Your questions show how your clients would be treated.
Read the guideDefine the work you hand over, the work you keep, and the date your responsibility ends.
Read the guideExamine the people, the service and the conditions a transition with us would require.
Read the guideKeep them steady through the change.
Give clients time to meet their new advisor, learn what changes, and know where to turn.
Read the guideA retirement plan can wait for the right date. A continuity plan has to work when you are not there to explain it.
Read the guide25 steps in timeline order, from five years out to the week after you step away, plus partial sales. Free printable PDF.
Read the guideSelling part of a book, firm sunset deals, staying local.
Hand off the relationships you can’t serve well, keep the ones you love, and step back on your own schedule.
Read the guideCompare who picks your successor, how and when you are paid, and what your clients experience.
Read the guideA successor based in the same community your clients call home.
Read the guideYour practice is your business, too
Separate upfront cash from debt, transaction costs and taxes, with your own advisers.
Know the payment dates, retention measures, earnout terms, and who carries the risk.
Separate purchase payments from pay for the work and responsibilities you keep.
Why consider Morrowgate
That is the question we want you to ask about us. Your clients need more than their accounts moved. They need someone local who learns their story and handles what comes next: the business sale, the retirement paycheck, the estate plan, the inheritance. That is the work Morrowgate does every day in Rochester, alongside each client’s CPA and attorney.
Gregory Garone, CEPA®, leads the planning. Whole practice or a handful of relationships, we start in the same place: would your clients be well served here? If the honest answer is no, we will tell you.
See how we work with clientsMorrowgate may have an interest as a prospective successor. This page is not an independent practice appraisal, an offer to buy, or a commitment to financing or particular terms. Any arrangement depends on mutual fit, diligence, required approvals, and definitive agreements. Use independent legal, tax, and transaction advisers to evaluate your interests.
Start a confidential conversation
One question is enough to start. No client names, account details or documents.
We read every message and reply within one business day. If Morrowgate isn’t the right fit for your clients, you will hear that first.