Succession Planning
Learn how top financial advisors and firms handle succession planning and what industry experts suggest is key to getting it right.
Busy Agenda for FPA, Starting With Membership Drop
By Melanie WaddellI recently sat down with two leaders of the Financial Planning AssociationMarv Tuttle, executive director and CEO, and Paul Auslander, FPAs presidentto talk about the top issues facing advisors.
April 20, 2012
Four Key Areas to Grow Your PracticeOrganic growth in a financial practice is a function of the advisor and the firm working together, a white paper released in March by the Oeschli Institute and First Clearing found.
March 26, 2012
Building a Talent HothouseWith just two associate advisors available to replace every three lead advisors; creeping compensation costs for advisory positions; and woefully low levels of succession planning, the demand for top talent is outstripping supply.
March 08, 2012
Succession Planning 201: How to Motivate a Newly Hired AdvisorHiring a new advisor for your small(er) firm is one thing, keeping them motivated can be another. Heres how to retain those new hires
February 01, 2012
Cherish the Young(er)If you are serious about your commitment to your clients, you should be thinking beyond your own span of days to when you shake off this mortal coil and head to your own reward, and plan for who will take care of those clients after youre retired or dead.
December 28, 2011
Sounding the AlarmLately an advisor can rarely open a trade publication without coming across at least one article focusing on succession planning.
December 28, 2011
What’s in a Plan?In our view, transitioning control and management of [advisory] firms from founding owners to a new generation will prove to be the single most challenging issue for advisory firms over the coming decade.
November 14, 2011
More RIAs Developing Succession Plans: TD Ameritrade SurveyMore advisors are developing a formal succession plan, with most saying they will name an internal successor, according to a survey released Monday by TD Ameritrade Institutional.