Fiduciary Fallout

April 6, 2016 Now that the final DOL Fiduciary Rule has dropped, most broker-dealers and their advisors will, albeit with some residual reluctance, move into the brave new world of client-centered retirement ivestment recommendations. Compliance departments are (finally?) sitting down in earnest with a wide range of stakeholders for lengthy…

Why So Little Success in Succession Planning?

Succession planning driving forces are clear to broker-dealers, RIA’s, advisors, and other stakeholders. An estimated $2.3 trillion of assets are under the management of advisors over 60 years old[i]. The process of succession planning seems fairly straightforward. Googling "succession planning for investment advisors,” returns over a quarter million hits addressing…