Two elements are involved with creating a continuity plan: economics and emotion.”
Matt Cooper, president of Beacon Pointe Wealth Advisors |
Advisors: How to Plan for the Worst
Kevin Feehily | Financial Planning, June 2014
Read the article online >Summary: Here is a scenario that you obviously do not want to picture: You are in a motor vehicle accident and you are severely injured. You cannot work for months; you can’t even make work-related decisions.Who will provide financial advice to your clients while you are away, and how will he or she be compensated? If you are never able to return to work, who will figure out what will happen to your firm and how it will be marketed?