Succession planning for advisers who want to keep working

12/3/2012 | Nerd's Eye View blog

Many financial planners intend to stay actively involved in their practice for as long as possible, either because of financial necessity or simply because they enjoy the work, Michael Kitces writes. Nonetheless, succession planning remains a necessity, Kitces writes. Among the long-term options to consider are selling the practice while remaining there indefinitely to service clients, and instituting a sales agreement that will become effective upon death or disability, he writes.

View Full Article in:

Nerd's Eye View blog

Published in Briefs: