Succession Planning, Risk Management, and Sundry Thoughts on the Big Easy

Thompson, Duane
November 2005
Journal of Financial Planning;Nov2005, Vol. 18 Issue 11, p24
Academic Journal
This article considers the future of U.S. financial planners whose lives were disrupted by Hurricanes Katrina and Rita. Specifically, the author describes the extent to which these financial planners were affected by the hurricanes. He asks such questions as how these financial planners will change their views after a life-altering experience like Katrina. Also, whether they will spend more time on risk management issues with their clients than they did before, or they will, as a unique group, make recommendations regarding risk issues that are different from those of planners in other regions of the country.


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