Turning Family Bonds Into Advisory Firm Continuity
Parents and children who work in the same retirement plan practice find strength in numbers.
Tag: succession planning
Succession Remains Major Hurdle for Private Business Owners
While many prioritize growth, a Brown Brothers Harriman survey also found that most still overlook planning for leadership and wealth...
Risr Launches Tools for Advisers’ Succession Planning
The engagement platform’s Succession & Exit Planning tool aims to be ‘first of its kind’ for financial advisers.
Who’s On Deck? Solving the Succession Planning Crisis at Advisory Firms
Advisers too often risk ‘both value and continuity’ out of attachment to the business and aversion to change.
Tackling Succession Misalignment in Advisory Firms
Three-quarters of RIA and broker/dealer firm owner respondents said they lack a clear plan of succession, which could alienate future...
Kestra Survey Looks At ‘Messy’ Succession Planning
While many 1st Generation advisers express confidence in their succession plans, only 6% of those planning to retire within the next decade have a fully documented strategy in...
SPARK Institute and Korn Ferry to Study Retirement Industry Succession
The study will be led by Korn Ferry and feature executive surveys and in-depth interviews with senior leaders across the...
New AssetMark Program Educates Advisers About Succession Planning
The Ascent program offers tailored training and resources to help advisers plan for succession and ensure the continuity of their...
RIA Succession Planning Drops to New Low
DeVoe’s annual team management survey paints a dire picture of succession planning for aging advisories.
Leading Teams Starts With Mindset Shift
Many advisers rise through the ranks due to success with clients, but leading often takes other skills, writes a Hartford...
4 Ways Baby Boomer Business Owners Are Retiring Differently
Capitaliz founder Craig West provides insights to plan advisers on how to manage clients’—or their own—business exits in an age...
Plan Adviser Industry Needs to Adapt to Get Younger, More Diverse
A panel of top advisers discusses how to shake up the typical hiring channels, and even how the industry is...
Inside the Deal: What Makes Retirement and Wealth M&A Stick?
Aggregators discuss the importance of a robust onboarding protocol that ensures an acquired advisory is set up for continued growth.
Best Practices for Scaling a Retirement Advisory Firm
Growing a practice isn’t easy, especially amid a tight labor market. What are some best practices in growing a retirement...
The Business Benefit to Succession Planning
Planning for the future of a retirement plan or wealth advisory isn’t just about the years ahead—it can help drive...
Publisher’s Note
Why the Winners
In May , we hosted our second annual PLANADVISER Industry Leader Awards; it was an evening honoring people across the...
Experts: Good RIA Succession Plans Separate Owners from Managers
A panel discussing succession planning also noted giving next-generation managers “permission to fail” as they learn to run their parts...
Practice Management | Succession Planning
Strategic Moves
Joining a ‘conglomerate’ firm doesn’t always aid succession planning.
FINRA Prompts Succession Planning for Aging Adviser Industry
Financial Regulator FINRA issues guidance on succession planning for the graying adviser space, including small firms looking to sell.
Trends
Talent Management Trends
Firms are rethinking strategies, with a focus on serving more diverse clients.