With a “silver tsunami” of retirements approaching, how can firms successfully prepare for succession? We partnered with Columbia Business School to uncover the answers: https://lnkd.in/dUX5cbfP #AdvisorAdvancementInstitute | #Teaming | #SuccessionPlanning | #FinancialAdvisors
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Will your clients be taken care of when you retire? Within 10 years, advisors that hold 40% of the total industry's assets are expected to retire. That's $10.4 trillion. Of these advisors, 25% are unsure of their succession plan. With so many advisors set to retire at the same time, this can cause some trouble in succession planning. So if you're in this 25%, don't expect to just figure it out when the time comes. Your options will likely be more limited than you think.
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Thinking about buying or selling a business? Fennemore's latest article from Jenny Zhang, Ryan Curtis, and David Sieck explores crucial employee benefit issues that should be considered when buying and selling businesses. From retirement plans to deferred compensation, understanding these aspects can impact a transaction's success. These Fennemore attorneys share best practices for navigating the nuances of employee benefits during a business transfer. Stay informed to make strong decisions and protect your business. Read the article here: https://lnkd.in/gf8aUnU2 #EmployeeBenefits #MergersAndAcquisitions #LaborAndEmploymentLaw #Fennemore
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Employee benefit plan issues are an important consideration when buying or selling a business. This article from Jenny Zhang and our ERISA/Employee Benefits team summarizes key points to explore.
Thinking about buying or selling a business? Fennemore's latest article from Jenny Zhang, Ryan Curtis, and David Sieck explores crucial employee benefit issues that should be considered when buying and selling businesses. From retirement plans to deferred compensation, understanding these aspects can impact a transaction's success. These Fennemore attorneys share best practices for navigating the nuances of employee benefits during a business transfer. Stay informed to make strong decisions and protect your business. Read the article here: https://lnkd.in/gf8aUnU2 #EmployeeBenefits #MergersAndAcquisitions #LaborAndEmploymentLaw #Fennemore
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Navigating the intricate process of succession planning in family businesses requires a focus on security for both older and younger generations. Prior to commencing, all participants must have a clear and transparent understanding of the legal ownership and control structure of their business and its key assets. This article delves into key considerations, emphasizing the importance of clear agreements, asset ownership, and financial commitments. For the older generation, security involves safeguarding personal assets and securing income in retirement, while the younger generation seeks independent business control and asset protection. The article underscores the need for thoughtful planning and legally binding agreements to ensure a smooth transition. Read more about the key considerations when it comes to succession planning - https://hubs.la/Q02jq2LD0 #FamilyBusinessSuccession #GenerationalSecurity #LegacyPlanning
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Navigating the intricate process of succession planning in family businesses requires a focus on security for both older and younger generations. Prior to commencing, all participants must have a clear and transparent understanding of the legal ownership and control structure of their business and its key assets. This article delves into key considerations, emphasizing the importance of clear agreements, asset ownership, and financial commitments. For the older generation, security involves safeguarding personal assets and securing income in retirement, while the younger generation seeks independent business control and asset protection. The article underscores the need for thoughtful planning and legally binding agreements to ensure a smooth transition. Read more about the key considerations when it comes to succession planning - https://hubs.la/Q02BQL3t0 #FamilyBusinessSuccession #GenerationalSecurity #LegacyPlanning
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Navigating the intricate process of succession planning in family businesses requires a focus on security for both older and younger generations. Prior to commencing, all participants must have a clear and transparent understanding of the legal ownership and control structure of their business and its key assets. This article delves into key considerations, emphasizing the importance of clear agreements, asset ownership, and financial commitments. For the older generation, security involves safeguarding personal assets and securing income in retirement, while the younger generation seeks independent business control and asset protection. The article underscores the need for thoughtful planning and legally binding agreements to ensure a smooth transition. Read more about the key considerations when it comes to succession planning - https://hubs.la/Q02vDZ_Q0 #FamilyBusinessSuccession #GenerationalSecurity #LegacyPlanning
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Navigating the intricate process of succession planning in family businesses requires a focus on security for both older and younger generations. Prior to commencing, all participants must have a clear and transparent understanding of the legal ownership and control structure of their business and its key assets. This article discusses the key considerations, emphasising the importance of clear agreements, asset ownership, and financial commitments. For the older generation, security involves safeguarding personal assets and securing income in retirement, while the younger generation seeks independent business control and asset protection. The article underscores the need for thoughtful planning and legally binding agreements to ensure a smooth transition. Read more about the key considerations when it comes to succession planning - https://hubs.la/Q02mYRkF0 #FamilyBusinessSuccession #GenerationalSecurity #LegacyPlanning
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Fee-Only Financial Advisor Providing Retirement Planning, Investment Management and Tax Planning for Women
Are you ready to retire? To find out here are 6 questions to ask yourself to help you answer this big question.
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Are you ready to retire? To find out here are 6 questions to ask yourself to help you answer this big question.
Are You Ready To Retire?
dorseywealth.com
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Navigating the intricate process of succession planning in family businesses requires a focus on security for both older and younger generations. Prior to commencing, all participants must have a clear and transparent understanding of the legal ownership and control structure of their business and its key assets. This article delves into key considerations, emphasizing the importance of clear agreements, asset ownership, and financial commitments. For the older generation, security involves safeguarding personal assets and securing income in retirement, while the younger generation seeks independent business control and asset protection. The article underscores the need for thoughtful planning and legally binding agreements to ensure a smooth transition. Read more about the key considerations when it comes to succession planning - https://hubs.la/Q02N6L4J0 #FamilyBusinessSuccession #GenerationalSecurity #LegacyPlanning
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