How to Succeed in Succession Planning
By Louis Diamond, Barron’s – Six key lessons we learned from executing our own succession plan that can be applied to an advisor’s business.
By Louis Diamond, Barron’s – Six key lessons we learned from executing our own succession plan that can be applied to an advisor’s business.
Co-authored By Allie Brunwasser & Jason Diamond, ThinkAdvisor.com – Multigenerational teams have several options for monetizing and transitioning the book from one generation to the next. So, how do they decide what’s best?
By Jason Diamond, WealthManagement.com – The good, the bad, and the ugly details that advisors and next gen inheritors need to be aware of before signing on the dotted line.
By Jason Diamond, WealthManagement.com – 6 ways to ride off into the sunset for advisors without a next gen in the wings
By Jason Diamond, WealthManagement.com – 5 reasons why advisors are forgoing what was designed to be a no-brainer deal.
By Mindy Diamond, Forbes.com – Tenured advisors have invested a lifetime in building a business with real value, yet many don’t have a succession plan. Why the delay? And what are their options?
By Mindy Diamond, WealthManagement.com – Those who are having second thoughts about signing on as heir apparent to their senior advisor’s book shouldn’t feel “hopeless,” according to Tom Lewis, Certified Civil Trial Attorney at Stevens & Lee in Princeton, NJ.
By Jason Diamond, WealthManaement.com – The path for next gen advisors can be wrought with some pitfalls, yet when walked with confidence and flexibility, it can be immensely rewarding.
By Deborah Aronson, WealthManagement.com – Wirehouse retire-in-place or sunset programs offer senior financial advisors access to their firms’ built-in succession plans and a pathway to unlocking liquidity, while next gen advisors stand to grow their asset base. But rather than just sign on the dotted line, next gen inheritors (and their senior partners) are hitting the pause button and striving to be more educated consumers.
By Mindy Diamond, Forbes.com – Almost every business journey starts the same way: An ambitious entrepreneur dreams of building an enterprise that will stand the test of time. However, I’ve seen far too many leaders — particularly those in the wealth management space — achieve their dreams of building a successful business, only to recognize the need to create a succession plan far too late in their journey. It doesn’t have to be this way.