Summary: Many owners of RIAs are nearing retirement, and they have not done enough to plan for the future of their businesses, the Alliance for Registered Investment Advisors reported in a new white paper released this week..
 Business continuity is one of the biggest challenges facing our industry today. The unwillingness of many RIA owners to invest in both keeping top employees and recruiting new ones is deeply troubling. Most are not willing to risk short-term economic outcomes for long-term benefit.”John Furey, founder, Advisor Growth Strategies. |
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