Parrott has been involved with CLIEDIS for 18 years.
Under the current system, it is easier to sell to a third party than it is a family member.
What happens when an advisor is incapacitated or dies suddenly? How will clients continue to be served without disruption?
When it comes to selling a client’s business, timing matters.
Damon Williams and Alex Khein have been appointed as co-CEOs, reporting to George Lewis, group head, RBC Wealth Management & RBC Insurance.
Business owners need to plan better for their successions.
Two advisory teams explain how they’ve structured succession
The majority of advisors are getting older and the cohort willing to take their places is scarce--even on Wall Street.
Firms must increasingly view succession planning as a growth strategy not a retirement strategy.
John Harvie is the new chairperson of The Co-operators Group’s board of directors.