Succession planning

By all means put a plan in place, but flexibility is key in case circumstances change.

By all means put a plan in place, but flexibility is key in case circumstances change.

Advisers share how they dealt with various aspects of transitioning.

What it really takes to transition your practice.

It begins with recognizing that this is a critical investment for succession planning and cultivating the next generation of clients.

Breaking down the benefits and red flags of the industry's leading acquirers.

Independent advisers need to redefine their service to factor in the intrinsic values they bring to clients, says TD Ameritrade Institutional President Tom Nally.

Planners born since the 1980's are looking for tech advancement, structure and other key characteristics at their workplaces.

Experts break down exit strategy options and what advisers should and shouldn't do.

Here is advice on everything from handling the unexpected death of a partner to upgrading technology.

Running a successful advisory practice means those at the top have to look internally, as well as externally.

Key issues to consider when strategizing clients' future financial health.

From handling the unexpected death of a partner to upgrading tech, planners give their best advice for building a successful practice.

Sure, major firms offer exit advice to their advisers, but there’s only so much they can do. Here’s how planners can take the next step on their own.

“Racial bias does exist. Anybody who says it doesn’t is kidding themselves,” says Tony Barrett, a complex manager for Raymond James.

Change happens when it has to. For bank advisors, this means they'll get succession plans--eventually.

Banks and credit unions are not prepared for the onslaught of change that began Wednesday.

The program allows retiring advisors and their junior brokers to work out their own financial arrangements during the first two years of the five-year program.

The advisor often feels as if the bank's viewpoint is this: “Thanks for bringing us a revenue stream, now leave and be thankful we even gave you a job.”

These state planning strategies may inspire, motivate and educate beneficiaries to become the people their benefactors hope they’ll be.