Founder and CEO, Steve Cassaday, attributes his firm’s success to strategic practices centered on succession planning and employee compensation. After witnessing the disarray following his mentor’s sudden death, Cassaday implemented a robust succession plan to ensure continuity for clients, involving long-term staff who are well-prepared to take over. He also contrasts his firm’s approach to compensation with Wall Street practices by focusing on a balanced salary and performance-based bonuses tied to firm revenue, which fosters a strong ownership mentality among employees.  

Read the complete interview with Steve from Advisor Hub here.