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Vlog: Tech that Boosts Business Value

November 4, 2013 By Admin

Written by Michael Laks

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Financial advisors become successful by focusing on building their practices—not by planning how they’ll leave them. In fact, less than 1/3 of today’s RIA practice owners have a succession plan in place.

As RIAs get older (the average age of financial advisors is 58), this issue is becoming more important. Failing to plan means leaving money on the table when it comes time to retire.

In this short video, Tim Welsh, President of Nexus Strategy, a consulting firm to the wealth management industry, outlines the importance of succession planning and why having a technology infrastructure in place can boost your business value—both now and as you plan for retirement.

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Interested in learning more about technology strategies for your organization? Download our new trend report, “Technology Strategies of Top Tier RIAs” and start planning your future, today.

Michael Laks is the Financial Program Strategist at Laserfiche

Michael Laks is the Financial Program Strategist at Laserfiche.

Tags: Financial Services, RIA, Succession Planning

Filed Under: Uncategorized

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