Every week, we bring you a curated list of articles hand-picked by industry veteran Kristan Wojnar to help you grow your investment advisory practice. Follow our Practice Management Channel to differentiate yourself with new ideas and build enduring client relationships.
A successful transition of your business requires years of planning to ensure success.
This week, we are focused on the key ingredients of successfully transitioning your practice. From creating a roadmap to the importance of planning now, we are looking at best practices to provide continuity to your business and for your clients.
A significant number of advisors do not have a succession plan in place. After building a successful practice, it’s equally important to have a well-planned succession plan. This piece provides a six-step roadmap to ensure a smooth transition for you, your successor, your team, and your cherished clients.
Advisors can protect their clients, maintain continuity, and preserve their legacy by planning ahead and addressing succession planning considerations. This article highlights the five most important considerations when it comes to transition planning for advisors.
This piece explains that succession can come in many forms. Whether internal or external, staying or leaving, planned or unplanned, it is the most important business event to plan for. Watch this video for business continuity best practices.