NAPFA ADVISOR
March 12, 2025
 
LLIS
 
INSIDE THIS ISSUE
LETTER FROM NAPFA
  
From Vision to Impact
By TJ Baskerville
VOLUNTEER SPOTLIGHT
  
Jordan Banning, CFP®, of Crafted Financial Planning
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Ryan Insurance Strategy Consultants®
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PRACTICE MANAGEMENT
  
Stay or Break Away? A Planner’s and Advisory Owner’s Guide to the Big Question
By Jody Jacobson
This question—stay with your current firm or break away to build something on your own—has broader implications now than ever before for planners and firm owners alike. The aspirational model of future firm ownership for younger planners through organic growth and succession is changing.
SUCCESSION PLANNING
  
Tips for Preparing the Next Generation of RIA Owners
By Christina Traurig, CFP®, MBA
Succession planning is a topic many firm owners recognize as essential but often struggle to prioritize. But the reality is that thoughtful succession planning is one of the most critical aspects of running a successful, sustainable firm.
HUMAN RESOURCES
  
Proven Onboarding Techniques for a Small Firm New Hire 
By Bridget Venus Grimes, CFP® 
On January 1, 2024, we brought on our first W-2 employee to my firm, WealthChoice. Having just completed her first year with our firm, we recently reflected on her onboarding, and where we find ourselves one year later. I am hopeful our experience helps other advisors who find themselves in a similar situation.
ATTRACTING TALENT
  
Attracting CFP® Professionals and Candidates for CFP® Certification to Your Firm
By Rachel L. Sheedy, CFP®
CFP Board data can offer some ideas about how to position your firm as attractive to candidates, whether the job opening is for a CFP® professional with years of financial planning experience or someone who is just getting started on earning CFP® certification.
National Family Mortgage, LLC
 
Dimensional Fund Advisors
 

FEATURES
COACHES CORNER
  
Navigating the Transition: How Financial Advisors Can Thrive After Their Career Ends
By Marianne Oehser
As business owners, financial advisors reaching the end of their careers may face a tough decision: when to gracefully step away. Fortunately, coaching programs exist to help exiting advisors figure out what they want their next chapter to be like and to see the exciting possibilities that lie ahead.
COMPLIANCE CORNER
  
Navigating Change in a Complex Compliance Landscape
By Kerry Rider
Change is the only constant in the investment advisor profession, and firms must embrace growth and transitions to thrive in an ever-evolving regulatory and operational environment. For Fee-Only advisors, navigating these shifts requires a combination of strategic foresight, operational rigor, and a strong commitment to compliance.
Texas Republic Management
 

PRACTICAL OBSERVATIONS
  
Three Transitions to Growth
By Bob Veres
You might have heard about this thing called artificial intelligence (AI). I think it’s going to be big someday. But before it becomes transformative in the planning profession, advisors are going to need to make some changes. I foresee three stages.