Householder Group Announces Expansion Of Membership Program

Membership Model With Built-In Succession Planning Opens New Member Opportunities
Renee Farida, COO, Householder Group
Renee Farida, COO, Householder Group
Janeesa Hollingshead, Contributing Editor, Wealth Solutions Report
Janeesa Hollingshead, Contributing Editor, Wealth Solutions Report

Householder Group Estate and Retirement Specialists, a wealth management firm based in Scottsdale, Arizona, recently announced the expansion of its Successor Membership Program and the opening of several new member opportunities.

According to a company release, Householder Group’s Membership Program was launched in 2019 to allow advisors nearing retirement to collaborate with a successor advisor. Retiring advisors get liquidity events and control of their exit, while the successor advisor gets an opportunity to inherit an established business while receiving membership interest in the practice they join based on the assets they bring to the firm.

Renee Farida, COO of Householder Group, said, “Our Program matches founding advisors looking for an exit strategy with compatible advisors who are in growth mode, have long runways ahead of them and are strategically and culturally aligned with the values of Householder Group.”

Householder Group said it is making its Successor Membership Program available to more advisors, with current opportunities available in Arizona, Texas and California.

Farida expects high demand for the expanded Program, allowing Householder Group to be selective. She added, “Our Program is especially attractive to advisors looking to break away from a captive model but are unsure about starting an independent business from scratch. This model allows them to join a well-established practice, bring their existing clients with them, and provide a preexisting exit strategy they can leverage when it’s their turn to pass the torch.”

Over the past five years, the Program has exceeded $1 billion in assets under management across 13 deals. The firm was named a Hybrid RIA of the Year in WSR’s Wealth Exemplar Awards in January.

Janeesa Hollingshead, Contributing Editor at Wealth Solutions Report, can be reached at editor@wealthsolutionsreport.com.

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