Next-Gen Successors: You're Not as Stuck as You Think You Are
Mindy Diamond | Wealth Management, May 2022
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Summary: For years, many advisors have been operating under the assumption that successors who inherit or buy a book from a retiring advisor are stuck until their succession obligation has been completely forgiven. That is, should these inheritors decide that their firm is no longer the right home for their growing business, they’d have no choice but to wait out the terms of the agreement and hope for the best.