Succession Planning, Wealth Management and More: Advisors Should Take Their Own Advice | Financial P
Few things are more frustrating than encountering advisors who consistently provide sound counsel to their clients — but forget to practice what they preach for their own business and personal plans.
In fact, it’s safe to say that too many advisors are relinquishing multiple opportunities to build on their professional and personal success by disregarding the very advice they dispense every day.
There reasons why advisors fail to take their own advice can vary. They may be trying to wear too many hats in their business at the same time, or trying to save money in “penny wise, pound foolish” ways; or it may just be lack of time or the inertia that professional success can sometimes create.