Look Before You Leap: Clearing Transition Hurdles

Bolmgren, Justin
September 2011
Journal of Financial Planning;Sep/Oct2011 Practice Management Sol, p26
Academic Journal
The article looks into the considerations necessary when making professional transition and changing advisory or practice structure in the U.S. The factors to consider about transitioning include fee comparisons on trading costs and other platform changes fees, corporate culture appropriate for various cultural differences, and back office competence and capabilities to put emphasis on the direction of the business. Moreover, considerations such as staff experience and commitment, organizational transition and evolution, and growth pattern and structure are also noted to be significant in business transition success.


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