Thomas D. Giachetti, Chair of Stark & Stark’s Securities group and Henry E. Van Blunk, Shareholder in Stark & Stark’s Business & Corporate group authored an article for the July 2009 edition of the Charles Schwab Institutional Compliance Review entitled An Overview of External Transition Planning for the Registered Investment Adviser.
The article discusses how important it is for advisers to implement a succession plan for their firm in order to prepare for possible transitions in the future. Mr. Van Blunk and Mr. Giachetti state that due to the current economic climate, implementing a successful succession plan is even more crucial to the future success of a business.
You can read the full article online here. (PDF)