LAWRENCE SOLOMON noticed something was missing in the planning process for his clients in the early 2000s: There was a disjointed approach.

“Along with financial advice, every plan included tax planning and strategy and estate planning analysis and recommendations,” says Solomon, now a client advisor at Mercer Advisors’ Washington, D.C. office, who was a financial planner at another investment advisory firm when he first noticed the problem.

The firm, where he worked in 2007, like the majority of registered investment advisories, did not have certified public accountants or estate attorneys on staff, and referred clients elsewhere for tax preparation and estate planning documents.

Solomon saw problems with this disjointed approach. Rad more here.