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

The first step for a successful succession planning process is considering your company’s goals and the people you need to achieve those goals. Creating a comprehensive one-to-five-year business plan ...

The truth is, it is fairly hard to conduct succession planning without being realistic about these questions and understanding all of the soft issues.

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 ...

Get Your Legal Ducks In A Row When planning to retire from your business, there’s a lot of legalities you’ll need to take care of – ranging from having a business valuation completed, so ...

Proper board succession planning—the systematic process of identifying and placing qualified candidates in current or upcoming board seat vacancies—is vital for corporate stability and ...

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

Succession planning in the context of family owned or controlled businesses generally has two overarching concerns; first, who will manage the business, and second, how will ownership and control ...

Topics covered will include motivation for succession planning, communicating with family, the financial aspects of estate and transition plans, and the legal aspects of putting a plan in place. A ...

The study found most advisors are confident, but not ready. While 69% of G1s say they’re confident about their succession plan, 94% are missing one or more key pieces of that plan.