Succession Planning
Learn how top financial advisors and firms handle succession planning and what industry experts suggest is key to getting it right.
Fidelity Offers Advisors Succession Planning Workshops
By John SullivanSuccession planning: its never easy, which is why more often than not it isnt properly done.
May 15, 2012
NFP Poll: More than 4 in 10 Advisors Lack an Exit PlanOf those advisors who are within two years of transitioning their practice to a successor, 42% lack a succession plan, the survey says. An additional 13% have a plan but do not have all the elements in place to execute.
May 02, 2012
FPA Leaders Talk About Diversity, Fiduciary RulesIn a recent wide-ranging interview with AdvisorOne, two of the top executives at the FPA, Marv Tuttle and Paul Auslander, talked 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.