 And here's the most interesting part: the biggest and most important challenges they face have nothing to do with deal terms, equity sharing or valuation. Founderitis."Bob Veres, Publisher, Insider Information |
The Key Succession Issues for an Advisory Practice
Bob Veres | Advisor Perspectives, October 2013
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Summary: Succession planning has moved to the top of the practice management priority list for tens of thousands of advisory firms. As the average age of founder/advisors creeps ever closer to traditional retirement age, the profession is asking itself a lot of hard questions about how to keep these businesses alive – and take care of clients – after the founder retires.
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