Succession Planning

More

  • The financial advice industry faces shortages, but colleges are launching degree programs in financial planning to fill the training gap.

  • An inability to attract young people is challenging a financial advisory industry facing a wave of advisor retirements in the next two decades.

  • Succession planning isn't easy for financial advisors. It takes a long time—five to 10 years—and it's emotional and messy. But it's also critical.

  • As aging advisors retire and few young replacements enter the industry, FAs without succession plans put their retirement, and clients, at risk.

Contact Succession Planning

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Get these newsletters delivered to your inbox, and more info about about our products and services.
    By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

Latest Special Reports

  • Aerial view of containers and cargo ships at the Port of Los Angeles on Jan. 19, 2022 in San Pedro, California.

    In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.

  • Financial advisors stress that now is the time for investors to get serious about year-end financial planning checkup.

FA Hub