It's a seller's market. | Copyright Scott Olson, Getty Images
Thanks to rising home prices, the wealth of U.S. households rose 1 percent in the first quarter of 2016, to $88.1 trillion, according to the Federal Reserve. The hike comes even as ...
News flash ... the advisor population is aging. Anyone in this industry knows this. Industry advocates have consistently called for better succession planning, that which promotes the long-term sustainability of RIA firms. This call must be...
Industry participants have articulated the risks of not having a succession plan for years: lack of continuity for clients, inability for advisors to realize the value of their life’s work, and risk for employees in terms of their long-term...
As an independent financial advisor, it’s sometimes easy to get tunnel vision and focus solely on the bottom line. It's your livelihood, so, naturally, you’ll want to devote a great deal of time and energy into strategizing about...
By understanding your exposure to these risks and taking steps to address them, you’ll be better able to protect your practice and your clients when the tide goes out.