why accountants fail at wealth management

due to one reason. and it’s a big one.troubled businessman adobestock_73444359 1000w copy.jpeg

by russ alan prince

a growing percentage of accounting firms have wealth management practices by one name or another. most of these practices provide investment management services, life insurance, or both.

more: what level of advice do entrepreneurs need? | three approaches to investment consulting | the role of the personal cfo | three components of collaborative wealth management | cashing out: your business clients’ five big issues
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but an estimated 75% to 90% of these wealth management practices are severely underperforming.

the reason why is both simple and difficult.