TradePMR, which provides technology and custodial services to registered investment advisors, said it’s partnering with FP Transitions, a succession planning firm, to provide consulting services to advisors on the TradePMR Fusion platform.
The consulting service aims to help RIAs and breakaways with their organizational structure, compensation and entity design.
According to a statement, FP Transitions works with thousands of firms each year on succession planning.
“Optimal succession planning can take up to 15 years to design and implement,” Scott Leak, director of business development at FP Transitions, said in the statement. “We believe our data proves that firm value declines significantly when succession planning is delayed.”
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
