Succession Planning
Learn how top financial advisors and firms handle succession planning and what industry experts suggest is key to getting it right.
3 reasons you need a succession plan — now
By Nichole MorfordSixty-eight percent of advisors don't have a succession plan in place. Don't be one of them.
October 24, 2013
People and Pay 2011: How Your Staff Affects Your SuccessionFA Insights 2011 advisor study focuses on human capital and what it means to advisory firms. As firms grow, so does their need for people to run itand so do the firms expenses.
October 21, 2013
Succession Planning by the (Hard) NumbersThe multiples when it comes to the value of a firm can be as high as 10 times but only if everything is in order, Nexus' Tim Welsh said.
October 02, 2013
8 Steps to a Successful Succession Plan: United PlannersToo many advisors still run their firms as a practice, rather than a business, says UP's Caffari-Agasi.
September 09, 2013
Getting Your Succession Planning Back on TrackTo move beyond any roadblocks in the process, write a heartfelt letter to your successors to get reconnected to the ultimate goal.
July 25, 2013
Caton Financial Is First Public ‘Partner’ on Ron Carson’s CIA PlatformAfter eight years of trying and four detours, advisor Nancy Caton finds her succession planning solution in Ron Carsons new platform.
July 15, 2013
Want to Sell Your Practice With No Transaction Fee?A new website, run by recruiter Phillip Flakes, offers free listings to sellers and charges a subscription fee to buyers.
July 01, 2013
Hard Sell: How to Make Succession Planning EasierTo examine some of the fears and anxieties around passing on a business, I interviewed three experts: Dave DeVoe, Barbara Hudock and Cam Marston, who revealed some key advice.