http://thefasttrackblog.com/2007/04/30/coming-together-to-solve-the-compensation-issue/ Angie Herbers’s latest Investment Advisor articles Sun, 21 Feb 2010 03:32:21 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://thefasttrackblog.com/2007/04/30/coming-together-to-solve-the-compensation-issue/comment-page-1/#comment-34 William HS Wu Wed, 02 May 2007 18:52:08 +0000 ia-wordup-7695#comment-34 As a late starter in the independent business, I find myself needing to plan for two things: hiring the right person to assist and grow the business and, succession. As for the first, I am willing to train a newly graduated student but am afraid that I would not be able to challenge him (her) sufficiently so as to retain the new hire. A small firm with eight digits under management, I do it all myself. Growth of the business is highly dependent on the right person and I would not want to retain solely on compensation. Any thoughts on the first challenge? Bill As a late starter in the independent business, I find myself needing to plan for two things: hiring the right person to assist and grow the business and, succession. As for the first, I am willing to train a newly graduated student but am afraid that I would not be able to challenge him (her) sufficiently so as to retain the new hire. A small firm with eight digits under management, I do it all myself. Growth of the business is highly dependent on the right person and I would not want to retain solely on compensation. Any thoughts on the first challenge?
Bill

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