When a prospective client of advisor Bart Lewis was ready to retire, he employed a fairly standard exit strategy, turning his successful medical research firm over to his children and retreating to a vacation home in the Florida Keys. But, as his children will attest, he never really left.
"He spends three to four hours a day on the phone still involved in day-to-day management," says Lewis, a Raymond James senior vice president of investments and branch manager in Naples, Fla. "[His kids] want to be able to assert their independence, and it's difficult to lead when you also have someone leading from behind closed doors."
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