An Overview of External Transition Planning for the Registered Investment Adviser
Henry E. Van Blunk, Shareholder in Stark & Stark's Business & Corporate group, and Thomas D. Giachetti, Chair of Stark & Stark's Securities group, authored the article An Overview of External Transition Planning for the Registered Investment Adviser for the July 2009 edition of the Charles Schwab Institutional Compliance Review.
The article discusses the critical need for advisers to establish a successful succession plan for their firm in order to be prepared for possible future transitions. Mr. Van Blunk and Mr. Giachetti warn that in the current economic climate succession planning is even more crucial to the longevity of a business. The article goes on to discuss the documents every business should have in place when planning and internal or external succession plan.
You can read the full article online here. (PDF)
