1 visitor like this article | Viewed 5755 times | 0 comment
Summary: Like financial planning, succession planning is a multistep process that requires extensive contemplation of all aspects of an adviser's life. Whether you're considering retirement, leaving the profession or building your business through a merger or acquisition, the decisions you make during your self-evaluation will serve as a barometer as you establish a plan.
1 visitor like this article | Viewed 5659 times | 0 comment
Summary: The next time you attend an industry conference, take a look around the room. Investment advisors tend to be an older lot, and studies have shown that with the baby boomer generation retirement bubble upon us, there’s a shortage of qualified financial advisors at precisely the same time that many of us will be transitioning into our own retirements. So have you considered how much more enjoyable your own post-work years might be if you’d only take the time to mentor the next … you? “
1 visitor like this article | Viewed 6156 times | 0 comment
Summary: When it comes to taking care of their own finances, it turns out that planners aren’t much better than their clients.Almost half (46%) of all the nearly 2,400 planners who participated in a new FPA study this year say they have no retirement plan. Another half say they have not written a business plan for themselves, while 75% have no succession plan for their firm.
1 visitor like this article | Viewed 5536 times | 0 comment
Summary: With financial planning software now attracting the over-50 set, United Capital’s Stephanie Bogan says the best defense is establishing value in a consumer-friendly way.
1 visitor like this article | Viewed 5724 times | 0 comment
Summary: Most advisors will lose clients’ assets when they are passed down to the next generation. Julie Littlechild, CEO and founder of Advisor Impact, spoke with REP. about where advisors are going wrong, and what they can do to fix it.
