In this article, Garrett Taylor explores why successful succession planning is less about deal terms and more about ...

Rickson stands out with his entrepreneurial spirit in a field that tends to focus on individual advisors. As an advisor and mentor, he’s built a team-based practice by tapping into everyone’s unique ...

Team-based wealth management practices also reported more succession planning than solo practices, according to a Cerulli ...

For WealthProfessional, Leo Almazora discusses best practices when it comes to succession planning. For one, advisors need to delineate between working in the business and on the business. Many are so ...

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

NFP Advisor Services Group published a study that tells advisers how to maximize the value of their practice across various time horizons in advance of succession. “Advisers who plan ahead and focus ...

This is the 27th installment in a Financial Planning series by Chief Correspondent Tobias Salinger on how to build a successful RIA. See the previous stories here, or find them by following Salinger ...

Much like the phrase “the cobbler’s kids have no shoes,” many financial advisors spend so much time helping clients plan that they often overlook their own. With the average age of financial advisors ...

Succession planning seemed like an issue for advisors close to retirement age until this entrepreneur learned o her husband’s ...

It likely came as no surprise that 94 percent of advisors haven’t completely solidified their succession transition plan, according to Kestra Holdings’ Bridging the Gap report. Various members of the ...

"It's really hard to get law firms to embrace long-term planning because there's a high sense of urgency for the immediate," said Angela Sebastian, the former CEO of Chicago's Levenfeld Pearlstein.

Planning an exit strategy for a company takes a psychological step before a financial one and there are many potential pitfalls for an owner seeking to build a succession plan.