ADD TO SAFE SENDER LIST
NOT A SUBSCRIBER? CLICK HERE
December 29, 2009
td_ameritrade_ad1
 
Next Move Instant Poll
  With the average age of financial advisors continuing to creep up, planning for the future is clearly an issue. How much thought have you put into who will take over your business when you're ready to retire or if something unexpected happens to you?
1. None
2. Very little thought
3. Some thought
4. I have a detailed succession plan in place 		 
 
respond
 
 

THIS MONTH'S FEATURES
SUCCESSION PLANNING 101: A ROADMAP TO RETIREMENT
While many advisors are good at planning for their clients' futures, not all of them are so adept at planning for their own. Indeed, only three out of 10 advisors have a succession plan in place, according to Gladstone Associates LLC, an investment banking firm Conshohocken, Pa., that focuses exclusively on the financial services industry.

If you're within five to 10 years from retirement age, and you haven't already done so, it's really important to start planning for the future of your business. When you're 55, you might feel like you want to and can work forever. But when you're 65, you might not feel that way. You don't want to wait until you hit that point to start thinking about selling your business. More
 

ADVANCE PLANNING: WHO TO LEAVE YOUR BUSINESS TO
If you're starting to think about retirement, who will inherit your business is likely one of your top concerns. Read on for some important things to consider as you are assessing your options.

For starters, when you're looking for a partner consider your clients and their well-being very carefully, said Michael Bilotta, managing director at Gladstone Associates LLC, an investment banking firm Conshohocken, Pa., that focuses exclusively on the financial services industry. "You don't want anything bad to happen to your client." More
 

Advisor Corner td_ameritrade_sm_logo

JOINING AN ESTABLISHED RIA
Welcome to the second part in our series on joining an established RIA. In this month's issue, we continue to explore an alternate pathway to achieving true independence—joining an already established RIA firm. This time we hear from the point of view of an RIA that has been in business since 2002. Read on for some valuable insight from Matthew B. Cooper, president of Newport Beach, Calif.-based Beacon Pointe Wealth Advisors, a hybrid RIA with a broker/dealer affiliation, which is actively counseling and hiring advisors looking to go independent.

Q: What can an existing RIA firm to do create a happy home for advisors going independent?
A: It is important to establish a platform that allows brokers going independent to move the majority of their business in the least disruptive manner possible... More
UNSUBSCRIBE | CONTACT US

td_ameritrade_ad2

 

About This Newsletter

For information on advertising in this newsletter, please contact Rich Santos, Group Publisher

To unsubscribe from this newsletter go to: Unsubscribe

To subscribe to this newsletter, go to: Subscribe

You are subscribed to this newsletter as #email#

To get this newsletter in a different format (Text or HTML), or to change your e-mail address, please visit your profile page to change your delivery preferences.

For questions concerning delivery of this newsletter, please contact our Customer Service Department at:
Customer Service Department
Registered Representative
A Penton Media publication
US Toll Free: 866-505-7173
International: 847-763-9504
Email: registeredrep@pbinews.com

Penton Media | 249 W. 17th Street | New York, NY 10011

Copyright 2009, Penton Media. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of Penton Media.