Doing Due Diligence

October 2008
Financial Planning;Oct2008, Vol. 38 Issue 10, p103
The article presents pieces of advice from David Urovsky, owner of the financial planning firm Wealth Advisors Group, on buying a planning firm. Urovsky says he wanted to have more clients so he bought another planning practice. He offers suggestions for those who want to buy a planning practice which include considering firms with systematized practices. It is noted that experts suggest that buyers should look for policy and procedure manuals and a clear employee training process.


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