TITLE

Family Planning

AUTHOR(S)
Newton, Catherine
PUB. DATE
November 2001
SOURCE
Journal of Financial Planning;Nov2001, Vol. 14 Issue 11, p72
SOURCE TYPE
Academic Journal
DOC. TYPE
Interview
ABSTRACT
The article presents an interview with four professional financial planners, Ben G. Baldwin, Judith A. McGee, Chuck Morris, and Mark L. Smith, on the issue of bringing a son or daughter into a financial planning practice, or joining a parent's financial planning practice. The challenges and rewards of a family-owned practice are discussed. Smith describes the roles of family members in the family practice. McGee discusses the importance of an employer-employee relationship between family members. Morris describes being under the wing of his father in an apprentice role for about five years, a role he found to be very beneficial. Another topic discussed is the concern that personal issues leaking into the business environment may become a problem, and, if this is the case, the role of outside coaching as being helpful to remedy the situation.
ACCESSION #
5522743

 

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