The impact of succession planning becomes impossible to ignore when an unexpected departure creates a leadership vacuum, but ...

In other words, succession planning is not about you. Indeed, the ultimate “succession” goal is to create transferable value so you can monetize the business you have built.

6. A visible and clear succession process: The process must have both visibility and certainty. It requires an open and genuine dialogue between the senior retiring and incoming management teams.

Alternatives, such as family succession, management buyouts, and third-party sales, each come with their own advantages and challenges.

“Partnering with a tech-enabled, data-driven executive search leader like True allows us to help our clients fill in the gaps we identify on their leadership teams and during succession planning.” ...

For seasoned wealth advisers, contemplating retirement often brings a mix of anticipation and apprehension. After years of cultivating a successful practice and nurturing client relationships, the ...

Succession planning starts from 'day one' "Communication is the laggard in all families," says generational wealth-focused advisor. JUL 12, 2024 By Josh Welsh ...

Succession Is a Key Aspect of Recruitment Conversations Long-term, sustained growth is critical for advisors, and support of that objective should be top of mind as advisors consider a transition.

Ask most advisors what their practice is worth and you’ll hear a familiar refrain: two to three times trailing revenue. The ...

I've worked with thousands of Financial Advisors and their firms across North America, and succession planning consistently ...