May-December pairings may provoke the occasional snide look — Michael Douglas and Catherine Zeta-Jones, anyone? — but for financial advisors trying to plan for retirement, they can be a romantic ideal.

For older advisors, bringing on new talent helps pave the way for a succession plan that protects existing clients while creating a payout for the founding partner. Indeed, even if younger planners don’t eventually become equity partners, their presence can help the founder show potential buyers that they will be getting a thriving standalone business, not just a client list.

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