![]() Bernie Clark, executive vice president and head of Schwab Advisor Services. |
Half Of RIAs Have Already Identified Successor, Schwab Study Says
Ryan W. Neal | wealthmanagement.com, November 2014
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Summary: About half of RIAs have a succession plan in place that outlines who will take over the firm. Moreover, of those firms who have procedures in place, 37 reported said their successors are “extremely prepared” to take the reins and lead the company into the future, according to latest Independent Advisor Outlook Study, released Wednesday by Charles Schwab at its annual IMPACT conference in Denver.