From Financial Planning
1 visitor like this article | Viewed 4082 times | 0 comment
Summary: Compensation makes up the single largest cost for RIAs, according Schwab’s most-recent RIA Benchmarking Study, yet many firms do not have a well-defined incentive package in place to reward and retain talent.
From Harvard Buisness Review
0 visitor like this article | Viewed 4692 times | 0 comment
Summary: All CEOs will inevitably leave office, yet research has long shown that most organizations are ill-prepared to replace them. In this article, we review the most salient studies of succession planning and offer context from experts on the process of picking new leaders for organizations.
From Investopedia
1 visitor like this article | Viewed 5675 times | 0 comment
Summary: Technology has had a tremendous impact on a number of different industries, and financial services is no exception. According to a recent study by RIA in a Box, advisors that use at least two technology solutions grew assets faster in 2015 than those that used none or just one.
From OnWallStreet
0 visitor like this article | Viewed 4206 times | 0 comment
Summary: One key to succession planning is a buy-sell agreement that protects the firm’s principals, their loved ones, clients and employees.
From Barron's
0 visitor like this article | Viewed 4124 times | 0 comment
Summary: High performing teams are committed to aligning each employee’s natural skills and interests with their responsibilities. By doing this, they have the potential to put a leader in every chair of the organization. Not a people manager but a leader—someone who embraces their role and the responsibilities that come with it.
