Organize your plan around four connected questions: timeline, economics, future role and legacy. Do not separate these ...

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 ...

Nearly 10 years ago, in April 2015, I published a blog called “Confronting the ‘S’ word: Dealing with general partner succession.” As the founder and managing partner of Vintage, I wanted to ensure ...

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 ...

As 2025 comes to a close, most advisory firm owners, including myself, are once again carving out time to reflect on the past year. We review client service models, evaluate staffing needs, revisit ...

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 ...

Avoiding succession conversations also can affect employee retention and labor stability. In some cases, the next generation ...

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 ...

Without a clear succession plan, CEO exits can stall strategic initiatives, and this lack of preparedness is often felt throughout every layer of the organization, according to a Nov. 1 article from ...

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 many registered investment advisor (RIA) firm owners, succession planning is a daunting but necessary process. But for women-led firms, the journey toward a successful transition is often more ...

Please note: This item is from our archives and was published in 2008. It is provided for historical reference. The content may be out of date and links may no longer function. In its first global ...