Originally published in Financial Planning

By Yvonne Kanner

As President Trump storms through his first 100 days in office, tweeting policies and dashing off executive orders, it reminds me how transitions at small advisory firms also can often set a tone, good or bad, that can be hard to forget.

If a successor fumbles in those first few months, the group may feel like they have a problem, not a leader. On the other hand, early successes can carry lasting benefits.

Of course, presidential transitions can be tougher than the ones awaiting wealth managers. That’s because politicians often don’t get the chance to pick their successors.

Nevertheless, there’s a tip sheet that should help many firms with similar transition challenges.

Read the full article at https://www.financial-planning.com/opinion/what-advisory-firms-can-learn-from-a-presidential-transition

Yvonne Kanner is president and COO of Fiduciary Network