You can play a dual role — both coach and quarterback — to help your business-owner clients create an estate plan
While you may have a strong motivation to have the kids take over your practice, family successions don't always work out as planned
Clarity from firms on available options may be the key to change
Report says the majority of family business transfers fail
Few owners have a formal written succession plan
Firms are making a concerted effort to provide the necessary support and software advisors need, but issues remain
Advisors are taking succession planning more seriously, but firms still have plenty to do to meet advisors' expectations
After decades of helping clients plan for retirement, do you have a plan of your own?
The decision to make your exit now or wait five years isn't binary. Many variables could affect the outcome of your choice
The emotional aspects of making the transition to retirement can be the most challenging of all. The cases of two advisors demonstrate the importance of defining what retirement means to you