The Financial Planning Blog
Your go-to financial planning and wealth management resource, whether you're just getting started or well on your way to a financially secure future.
Generational differences exist in all families. Every generation develops its own style of expression, methods for handling conflict, and values. Even tech-savvy parents are likely to feel that virtual connecting and 24/7 technology lacks sufficient depth to replace face-to-face conversation. Kids, on the other hand, can feel that Mom and Dad just don’t get it and can barely turn on the TV without help.
Financial advisor Greg Hammond got into the coffin about eight years ago..."We wanted to make a greater impact not only in our own lives but in our firm, too," he said. Hammond and his business partner have a plan in place. They also are in negotiations with other advisors who would be interested in using Hammond's firm as a succession partner to protect the value of their practices, both for their loved ones and their clients. Read the full story on CNBC.com
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