Updated Friday, August 28, 2015 as of 10:48 AM ET

Succession Planning Problem: Who Takes Over?

I have found that when financial advisors retire, they usually want to make sure they take care of their clients, as well as get paid for their practice, which they spent decades building and nurturing. However, doing both of these things can be a tricky proposition, and will likely play out to be the biggest challenge facing the industry over the next 10 years.

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