How to Build an Ensemble Practice

Bogan, Stephanie; Kidd, Jon
January 2009
Journal of Financial Planning;Jan/Feb2009 Practice Management, p12
Academic Journal
The article presents advice on how financial planners can build a multi-adviser practice. Demand for financial planning services will only grow as the U.S. baby boomer generation nears retirement age, yet many firms ill-equipped to compete for and retain talent that will help their firms grow. Planning firms must commit to writing a document that spells out several key organizational features including compensation model, career path, standards of practice, client models, and the firm's vision and goals.


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