Warning for Wirehouse FAs: So-Called Sunset Agreements Aren’t Always in Your Best Interest
December 20, 2018
By Mindy Diamond and Shirl Penney
And, taking things another step further, more than ever, these firms are encouraging advisors — young and old — to sign on to their succession programs. This is essentially asking advisors to commit the next decade or more to the firm — selling off their businesses and clients at the same time.