Succession planning

When a son or daughter joins a parent’s advisory practice, the transition can be tough, but it doesn’t have to be.

Family office advisor Rick Flynn rebranded his practice and teamed with two other veterans. Here’s what happened.

Finding top people is getting harder, says Kathy Freeman, so putting this in a compensation agreement is now ‘mandatory.’

One of the largest firms on the West Coast, Aspiriant expects to continue merging with one to two firms a year.

Top priority: Simultaneously taking care of yourself, your clients and your employees.

Greg De Jong took the plunge and sold his $200 million firm to a much larger one for equity, cash and a five-year note. Looking back, he has no regrets.

Some advisors with less than five years in practice have achieved remarkable results. Here are some of their secrets.

Veteran bank advisors are being lured away by big brokerages and finding new talent to take their place is challenging.

Only 9% of younger advisors on ownership track have equity stakes in their firms, reveals the Fidelity Benchmarking Study.

The total number of advisors across the industry rose 1.1% in 2014, according to a report from Cerulli Associates. But the research firm warns they may fall again in years to come.