Challenges Facing CPA Financial Planners

Article:  CPA financial planning/advisory firms have all of the challenges associated with operating as a financial planning/advisory business; however, they have the added complexity of being part of a larger business.
Published on January 29, 2010

Best Practices in a PFP Practice

Report:  Whether the goal of the firm is to get to a specific size, level of performance or profitability; or to simply allow the owners or partners to live a certain lifestyle; or to achieve many of these in combination, a disciplined approach to business management is the key to success.
Published on January 29, 2010

Business Models Stand-Alone Businesses

Report:  These independent entities, which are fully or partially owned by a CPA firm, subscribe to the most advanced business model among the firms we surveyed in the AICPA/Moss Adams study.
Published on January 29, 2010

Business Model Solo Practitioner

Report:  Of all the participant groups in the Moss Adams study, solo CPA practitioners was the largest, making up nearly 40% of the sample population. Given the prevalence of the solo practitioner model among the overall universe of practicing CPAs, one might intuitively expect that it would be the most common
Published on January 29, 2010

Business Models Referral Partner

Report:  Referral relationships or joint ventures seem to be relatively rare in the industry according to the AICPA/Moss Adams study, with these types of respondents making up our smallest grouping of firms.
Published on January 29, 2010

Business Models Single Entities

Report:  In the AICPA/Moss Adams study, firms classifying themselves as single-entity providers of both CPA and financial planning services are a further evolution of the solo CPA model.
Published on January 29, 2010