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

Succession planning is essential for business owners, art collectors, and legacy real estate owners. It involves transferring ownership while maintaining control and maximizing tax efficiency.

For many independent financial advisers (IFAs) approaching retirement, succession planning is essential to achieve a positive ...

Succession planning and the 'risk no firm can afford' By Elijah Nicholson-Messmer June 26, 2025, 10:04 a.m. EDT 4 Min Read ...

Practice and client management HBO's Succession and the lessons it has for financial advisors and clients By Tobias Salinger May 25, 2023, 11:39 a.m. EDT 7 Min Read ...

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.

Here are three real-world “dos and don’ts” from recent stories of succession. Do: Exhibit Good Leadership Skills Related: Five Mistakes Entrepreneurs Make in Estate and Succession Planning ...

3. The succession plan is too rigid. Mr. Madden says succession plans must be flexible and bend to accommodate candidates if they seem to be the right fit.

The succession concerns for registered investment advisers didn’t just continue in 2024, but hit a new low, according to consultancy DeVoe & Co.’s annual team management report. In a national survey ...

Kestra’s research, Bridging the Gap: Addressing Succession Misalignment Between G1 and G2 Advisors, identifies three key barometers for evaluating the strength of a succession plan and the level of ...

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