Louis Diamond Quoted – By Peter Rawlings, Financial Advisor IQ – Wirehouses have been sweetening their succession programs in a bid to keep as many client assets in-house as they can. The recent changes can be a boon to outgoing financial advisors, who can cash out at higher rates and to newer advisors who might get the chance to buy a book of business.
By Mindy Diamond, WealthManagement.com – Consider this: You’re a long-tenured, top advisor at the same firm for most of your career, and you’re looking to work another five years or so. Some initial introspection is telling you that where you are now may not be where you want to be when you retire. The freedom, flexibility and support you had hoped for at this stage just isn’t there, and you worry that leaving the client relationships you have spent a lifetime building just isn’t quite right. Yet you wonder if a move so close to retirement might not be ideal—causing far more disruption than it’s worth.
By Mindy Diamond, WealthManagement.com – When thinking strategically about your career, no matter what stage you’re at, keep in mind the end goal should be to realize the value of your life’s work. Essentially, your retirement options fall into two categories.
