Advice business owners have been urged not to see succession planning as “just a transaction” and should instead make it an “entire phase”, delegates heard.
Advice business owners have been urged not to see succession planning as "just a transaction" and should instead make it an "entire phase", delegates heard. Speaking on a panel at Plannex Live, Melo CEO Victoria Hicks stressed that all consolidation is not equal and there are "many flavours of consolidator out there". Hicks also told advisers and paraplanners in the room that when it comes to succession planning "there is an idea and there is reality". "The reality is that many advice firms don't have internal succession," she said. "So many have no choice but to look at consolidat...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
