{"id":38961,"date":"2015-02-12t15:44:41","date_gmt":"2015-02-12t20:44:41","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=38961"},"modified":"2024-08-14t09:36:39","modified_gmt":"2024-08-14t13:36:39","slug":"retiring-partners-take-specialty","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/02\/12\/retiring-partners-take-specialty\/","title":{"rendered":"when retiring partners take a specialty with them"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-38964\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-290x290.jpg\" alt=\"businessman sitting on scales with stack of coins in other tray\" width=\"290\" height=\"290\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-290x290.jpg 290w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-150x150.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-590x590.jpg 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-145x145.jpg 145w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-190x190.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 1600w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>non-traditional services must be &#8216;institutionalized&#8217; to be valuable.<\/strong><\/p>\n<p><i>by marc rosenberg<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/retirement-buyout\/\"><i>retirements &amp; buyouts<\/i><\/a><\/p>\n<p>the only reason firms pay goodwill-based retirement benefits is to retain the clients managed by the retiring partner.<\/p>\n<p style=\"padding-left: 30px\"><b>more on partner buyouts: <\/b><a href=\"\/\/www.g005e.com\/2015\/02\/05\/clients-leave-reduce-retirement-benefits\/\">if clients leave, do you reduce retirement benefits? <\/a>| <a href=\"\/\/www.g005e.com\/2015\/01\/28\/term-of-payout\/\">why you\u2019ll get less from your partners in a buyout than you might by selling the whole firm <\/a>| <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/tepm5y5l5c4\/?utm_source=feedburner&amp;utm_medium=email\">eat what you kill? then maybe \u2018book of business\u2019 is for you<\/a> | <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/v5n9tuacerq\/?utm_source=feedburner&amp;utm_medium=email\">the multiple of compensation method, fully explained<\/a> | <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/zzfbrxo1zqg\/?utm_source=feedburner&amp;utm_medium=email\">5 points to consider when paying out goodwill<\/a> | <a href=\"\/\/www.g005e.com\/2014\/12\/18\/clients-retirement-rosenberg\/\">clients leaving? time to reduce retirement benefits<\/a> | <a href=\"\/\/www.g005e.com\/2014\/11\/20\/partners-may-balk-at-guaranteeing-retirement-obligations\/\">partners may balk at guaranteeing retirement obligations<\/a><\/p>\n<p>if a firm were 100 percent certain that all of a retiring partner\u2019s clients would leave the day after the partner settled in at the retirement community, i doubt the remaining partners would be terribly motivated to sign any retirement checks. <a href=\"\/\/www.g005e.com\/2015\/02\/12\/retiring-partners-take-specialty\/#more-38961\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-38964\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-290x290.jpg\" alt=\"businessman sitting on scales with stack of coins in other tray\" width=\"290\" height=\"290\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-290x290.jpg 290w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-150x150.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-590x590.jpg 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-145x145.jpg 145w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339-190x190.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/02\/partneronscales_dollarphotoclub_49469339.jpg 1600w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>non-traditional services must be &#8216;institutionalized&#8217; to be valuable.<\/strong><\/p>\n<p><i>by marc rosenberg<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/retirement-buyout\/\"><i>retirements &amp; buyouts<\/i><\/a><\/p>\n<p>the only reason firms pay goodwill-based retirement benefits is to retain the clients managed by the retiring partner.<\/p>\n<p style=\"padding-left: 30px\"><b>more on partner buyouts: <\/b><a href=\"\/\/www.g005e.com\/2015\/02\/05\/clients-leave-reduce-retirement-benefits\/\">if clients leave, do you reduce retirement benefits? <\/a>| <a href=\"\/\/www.g005e.com\/2015\/01\/28\/term-of-payout\/\">why you\u2019ll get less from your partners in a buyout than you might by selling the whole firm <\/a>| <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/tepm5y5l5c4\/?utm_source=feedburner&amp;utm_medium=email\">eat what you kill? then maybe \u2018book of business\u2019 is for you<\/a> | <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/v5n9tuacerq\/?utm_source=feedburner&amp;utm_medium=email\">the multiple of compensation method, fully explained<\/a> | <a href=\"http:\/\/feedproxy.google.com\/%7er\/cpatrendlines\/tpxn\/%7e3\/zzfbrxo1zqg\/?utm_source=feedburner&amp;utm_medium=email\">5 points to consider when paying out goodwill<\/a> | <a href=\"\/\/www.g005e.com\/2014\/12\/18\/clients-retirement-rosenberg\/\">clients leaving? time to reduce retirement benefits<\/a> | <a href=\"\/\/www.g005e.com\/2014\/11\/20\/partners-may-balk-at-guaranteeing-retirement-obligations\/\">partners may balk at guaranteeing retirement obligations<\/a><\/p>\n<p>if a firm were 100 percent certain that all of a retiring partner\u2019s clients would leave the day after the partner settled in at the retirement community, i doubt the remaining partners would be terribly motivated to sign any retirement checks. <a href=\"\/\/www.g005e.com\/2015\/02\/12\/retiring-partners-take-specialty\/#more-38961\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":1339,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2374,3120,2298,2266],"tags":[2102,2429,86,572,62,38,57,1416],"class_list":["post-38961","post","type-post","status-publish","format-standard","hentry","category-pay-compensation","category-pro-member-exclusive","category-succession","category-partner","tag-buyout","tag-earnings","tag-partner","tag-pay","tag-retirement","tag-salary","tag-succession","tag-wages","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- 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