I have been representing financial advisers in all aspects of their practices for decades. While they are all well versed at assisting their clients, most fall short in planning for their own future.
In this highly regulated industry, advisers need to plan and carefully consider what happens to their practice when they retire or become ill. Retirement planning through partnership agreements and other agreements can provide an income stream to an advisor once he decides to retire, but all of these mechanisms require advanced planning.
The New Year is a perfect time to review your succession planning. Send me an email and let's see how we can help you.
Financial advisors practice what they preach? - New Hampshire Business Review - December 26 2014
