{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Profit & Practice","title":"Build a Firm That Runs Without You, with Nathan Parkhouse","html":"","width":"100%","height":180,"duration":2452,"description":"In this episode of Profit & Practice, host Max Holvik speaks with Nathan Parkhouse, founder of Nathan Parkhouse Advisory, who spent 25 years in wealth management, including 20 years building his own practice before restructuring it to run beyond him and selling it at 4.25 times revenue. Nathan explains why structure, not just assets or revenue, shaped his outcome, and why he turned down a higher offer because the fit was wrong. He breaks down how an owner’s “open door policy” and ego keep a practice stuck, how to build a “trust handoff” in front of clients, where delegating a task ends and transferring real authority begins, and what an owner’s calendar reveals about the health of the firm.\n \nNathan Parkhouse is the founder of Nathan Parkhouse Advisory. After selling his own practice and receiving seven offers, he now works with advisory firm owners across Canada and the United States, helping them build the structure and capacity to grow past what one owner can personally do.\n \nIn this episode, we cover:\n·         Why Structure Drives Valuation\n·         Why Fit Can Matter More Than the Highest Offer\n·         What Buyers Really Want to Know Beyond the Spreadsheet\n·         Three Ways a Practice Gets Stuck at Its Owner\n·         The “Trust Handoff”: Why Every Meeting Needs a Second Chair\n·         Delegating a Task vs. Transferring Real Authority\n·         Moving From Owner-Held to Firm-Held Relationships\n·         What Your Calendar Says About Your Firm\n·         Why Nathan Would Build a Trusted Number Three\n \nConnect with Nathan\nLinkedIn | nathanparkhouse.com/\n \nEvery episode closes with the same question: what's the best piece of financial advice Nathan has ever received? Listen to find out.\n \nConnect with the Show:\nProfit & Practice is hosted by Max Holvik, founder of The Advisor's CFO, a fractional CFO practice for wealth management firms.\nTheAdvisorsCFO.com | LinkedIn","thumbnail_url":"https://img.transistorcdn.com/n3I696Eeie15n2KI1zSbK6tEvnLeI7SHXkGVr4kpltI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81ODYy/Zjc2ZWI0ZmUyNzVm/NjRjYTZjODc5OGRm/MTllZC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}