Allan Eyre never made a succession plan.
New credit card transaction charges may outweigh benefits of building up points
In our recent <a href=http://www.investmentnews.com/article/20110411/INCR/120129985>2012 IN Adviser Solutions Succession Planning Study</a>, we identified several gaps in firms' preparedness for succession. One of the most critical is a gap not just in planning, but in understanding just how much planning is required for a succession strategy to be effective.
Too many spend more than they make; less likely to have rainy- day fund, as well
Enterprise value diminishes as owner gets older; dithering can be costly
Female candidates particularly prized as firms look to land more women clients
Puny interest rates leading to lower account values. The good news? Proposed tax changes will inflict even more damage.
Investment performance trumps amenities, relationship-building, survey finds
While there are many lists of blogs out there, financial planning's own social media “power tweeter” Michael Kitces, partner and director of research for Pinnacle Advisory Group and publisher of The Kitces Report and his own blog, <a href="https://www.kitces.com/blog/">Nerd's Eye View</a>, maintains a list of blogs specifically relevant for financial advisors.
Gus Sauter, the fund company's chief investment officer, will retire at the end of the year. The head of Vanguard's retail investor group will succeed him.
Say transition can be nettlesome but worth it in the long run
Federal agents searched the Indiana and Ohio offices of two companies owned by an Indianapolis businessman Tuesday, serving warrants a month after a newspaper questioned whether the Ohio firm is capable of repaying some $168 million owed to investors.
Program open to firms with $400M in assets, three or more principals
Fidelity workshop program aimed at matching personality to the right exit strategy
Puts outnumber calls 3 to 1; 'people are disillusioned'
