Succession Planning for Financial Advisors: How to StayFIT(c)
A recent study evaluating current trends in financial advisory practices shows that over half of financial advisors intend to leave their practices in the next few years.1 Established financial advisors have often worked many years to develop a successful financial advisory practice and should understand that their practice is one of the their most valuable assets. Transitioning an advisor's book of business and getting fair compensation for it should be a key part of every financial advisor's retirement planning. ..
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Should You Add An Accounting Practice to Your Financial Advisory Practice?
No doubt, the services your advisory practice offers today has evolved from a traditional transactional practice to an advisory practice as your clients investment requirements became more complex. As you build a relationship of trust with your clients, your clients rely on you to refer other professional service providers...
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