Financial planners become successful through a fierce commitment to building their practices. But too few principals proactively plan for when -- and how -- they will one move on. In failing to do so, they run the risk of leaving their firms on someone else’s terms, said Scott Slater, managing director, business consulting for Schwab Advisor Services. “And that’s somewhat ironic,” he said, “because they are planners.”
To avoid being unprepared when the time comes, here's an interactive slideshow outlining some of the key steps in the succession planning process.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access