All businesses need succession planning. Clients, customers, and employees want to know what happens when the founder steps down. Yet founders predictably hesitate to plan. FP Transitions has developed succession plans for a variety of professional service companies, including IT firms, dental offices, creative agencies and, of course, financial planners, and has identified common challenges and solutions. There is no "one-size-fits-all" path but entrepreneurs can take the first steps by asking themselves a few key questions. By understanding the challenges and options, planners will be better prepared to address succession planning for their clients and business.
December 04, 2019 2:00 PM Eastern
FPA Member Price:
Financial Planning Association
CFP CE: 1.00