Summary: More advisors are writing out their succession plans; 44 percent of RIAs indicated they have a documented plan, up from 31 percent last year, according to WealthManagement.com’s 2014 AdvisorBenchmarking RIA Trend Report, a survey of about 400 RIAs
 The results indicate that the industry won’t likely experience a high rate of consolidation in the near future, as advisors focus on growing their businesses organically and increasing profits.”WealthManagement.com’s 2014 AdvisorBenchmarking RIA Trend Report. |
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