The #1 Secret to Successful Succession A lot of firm founders and shareholders wonder why attracting and retaining great team members and potential successors is such a struggle. If you can [...]
Something I see a lot in my work is a growing tension between firm founders, senior shareholders and their successors. Feelings range from disappointment to frustration—on all sides. These [...]
The Life Audit: Grabbing Life By the…Plan Many wealth management and other professionals I’ve spoken with—from independents and wire house advisors to money managers, private [...]
Succession Planning Today: Why Wait for the Push? When it comes to strategic planning, many RIA founders put it off. Decision-making around succession or exit strategies isn’t fun, and it’s easy [...]
At a panel discussion I recently attended, 3 CEOs from well-known corporations all came to a single consensus: culture trumps strategy. It’s true! In my work helping money management firm owners [...]
Is monetizing your business the key to getting what really matters to you? If the answer is yes, then here’s the follow-up: how important is the culture of your firm to your prospects, either [...]
If you’re like many money management professionals, you know how easy it is to get caught up in the day-to-day business — and put off long-term strategizing around your exit plan. A [...]
As a money management professional, you’ve probably heard a lot of your colleagues talk about “someday” when it comes to succession planning. Maybe you’ve even started thinking about “someday” [...]
