The 5 Year Rolling Plan
Amar Pandit
A respected entrepreneur with 25+ years of Experience, Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and is the author of 4 bestselling books (+ 2 more to release in 2020), 8 Sketch Books, Board Game and 700 + columns.
January 10, 2025 | 2 Minute Read
Rajesh, a mutual fund distributor, had a plan.
“In five years, I will sell my firm,” he said. It sounded clear. It sounded decisive. But five years later, nothing had changed. He said the same thing.
“In another five years or so, I’ll sell.”
This cycle is all too common in the wealth industry. Financial professionals know they need an exit. They recognize the need for succession planning. But they delay. They procrastinate. And they keep pushing the timeline further into the future.
Why does this happen? Fear is one reason. Fear of letting go. Fear of the unknown. Fear of what comes next after they step away. Another reason is the lack of a concrete plan. Without a roadmap, the idea of succession becomes abstract—something to be addressed “someday.”
But here’s the hard truth: someday never comes. And the longer you wait, the harder it becomes.
Your health might take an unexpected turn. Your clients may lose trust if there’s no clear plan for continuity. And the value of your firm could diminish as time goes on.
Succession planning is not just about selling your firm. It’s about building a business that outlives you. It’s about creating value that endures. And it’s about ensuring a seamless transition for your clients and team.
Don’t fall into the “five-year rolling plan” trap. Take action now. Define your goals. Build a plan. Groom your successors. Secure the future of your firm.
Time waits for no one. It will not wait for you too. The best time to plan your exit was five years ago. The second-best time is today.
Similar Post
Nano Learning
The 3 important times to schedule
As the headline says, there are 3 important times that we all need to schedule on our calendars.
1.Thinking time
2.Learning Time
3.Creation Time
I even managed an acronym for t ....
Read More
13 August, 2021 | 2 Minute Read
Nano Learning
Migrating AUM Is Easy. Migrating Relationships Is Not
There’s a big difference between migrating assets and migrating trust.
Most financial professionals miss this. Especially during transitions like acquisitions, mergers, or succes ....
Read More
25 April, 2025 | 3 Minute Read
Nano Learning
The Quiet War
Competition does not announce itself politely. It does not send you a letter saying it has entered your city. It arrives quietly, through glossy offices, persuasive relationship ma ....
Read More
6 February, 2026 | 2 Minute Read
Nano Learning
The Focus Question
I have believed in this idea for decades, and I recently came across it beautifully captured in a quote by Tom Brady.
“Winners focus on winning; losers focus on winners.”
Ref ....
Read More
15 May, 2026 | 2 Minute Read
Nano Learning
The 3 Layers of Clients
There are 3 broad layers of clients in our profession according to Dennis Moseley Williams.
The first layer comprises people who want something special and will invest more time ....
Read More
6 August, 2021 | 3 Minute Read
Nano Learning
Being Wrong
There is a brilliant David McRaney quote that I read recently... I can guarantee meditating, reflecting, and seeing how it applies to you (professionally and personally) can be a s ....
Read More
27 October, 2023 | 1 Minute Read



- 0
- 0
0 Comments