How to Groom Your Successor

The next time you attend an industry conference, take a look around the room. Investment advisors tend to be an older lot, and studies have shown that with the baby boomer generation retirement bubble upon us, there’s a shortage of qualified financial advisors at precisely the same time that many of us will be transitioning into our own retirements.

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Comments (2)
This article provides food for thought. The best planning we can do is groom somebody else to be our successor so that when the time comes for us to step down,the show goes on and the client continues to enjoy seamless service.
Posted by KIMMY B | Thursday, December 26 2013 at 2:24PM ET
Pat, nice article.

During the hiring process, it's good to ask about one's career goals. And as you work with them on their career tracking, you'll start to notice which are happy with a "JOB" and which are more entrepreneurial.

Maria Marsala
Elevating Your (Financial) Business
Posted by Maria M | Friday, January 03 2014 at 5:13AM ET
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