Among all the challenges and responsibilities facing owners of financial advisory firms, succession planning stands out as perhaps the biggest blind spot for the registered investment advisory ...

A new study highlights a significant flaw in wealth management firms' recruitment and development strategies for the next generation of financial advisors: a lack of succession planning. Processing ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Succession planning is essential for business owners, art collectors, and ...

Does it make sense to have a succession plan in place amid the ever-evolving landscape of today's business world, where turnover of team members and even owners has become the norm? Here, we explore ...

Despite the client assets and M&A deals of giant proportions, the wealth management industry hasn't addressed its succession and recruiting challenges, a new study said. Processing Content At least 26 ...

Boardrooms face a new kind of risk: the widening gap between the skills directors possess and those their organizations ...

A succession plan is more than an exit plan. For years, financial advisors have believed that when it comes to succession planning, it’s a seller’s market. But as all advisors know, markets change.

A significant trend is emerging within RIAs—baby boomers, who own a majority of RIA firms, are approaching retirement age. Unfortunately, this is the plumber with the leaky tap—many do not have a ...

For people who have watched "Succession" on HBO, transferring company leadership to the next generation seems like it requires scheming, backbiting and double-dealing. Fortunately, it doesn't have to ...

The political and personal drama that recently played out on a national stage—should President Biden run for office again or retire?—to me brought to mind one of the most important but frequently ...

Dr. Craig West is the founder of Capitaliz and has been working with business owners on succession and exit strategies for over 20 years. Corporate governance is a critical aspect of managing any ...

Although the majority of healthcare organizations point to recruiting and retaining talent as top priorities, few take the necessary steps to establish a solid succession plan, according to executive ...