succession planning
Communicating a Succession Plan
Communicating your Succession Plan Make no mistake, as important as all the other factors are, none of them matter if you don’t execute your succession plan properly. The value of your practice is going to be determined by the ability to retain your staff and clients. Communicating your plan effectively is the key part of…
Read MoreSuccession Planning for Financial Advisors- Start with the end in Mind
Succession Planning What is succession planning? Why is it so important? What steps will you need to take to ensure the future of your clients, your team, and your business? We’ve all heard the staggering numbers that there are more advisors over the age of 70 than under 50. If we’re not careful, we’ll see…
Read MoreThe Planning Process – Developing Your Succession Plan
Let’s Make a Deal: Types of Successors, Deals, and Structures Developing a succession planning process is one of the biggest and most important aspects of your career. One that requires the same kind of effective planning you utilize on a daily basis for your clients. Once you’ve made the decision to start planning for the…
Read MoreFinancial Advisor Succession Planning
Think about the future of your practice: As a financial advisor, you spend your days planning for the future. The future of your clients, your family and your staff. Just how much time have you really spent thinking about your own succession plan? If you’re like most financial advisors, the hours spent getting ready for…
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