Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...

“How in the world do I sell my business?” Having heard this question asked numerous times and numerous ways, by business owners and professionals, my short answer is that we need to develop a plan.

Discover the essentials of family wealth transfer planning, including strategies, tax considerations, philanthropy, and family dynamics. Start planning now.

Succession planning is the process of identifying and preparing, through mentoring training, education and development, appropriate candidates to replace, as required, key employees within an ...

Succession planning needs to be the focus of businesses. Current leadership should always be on the lookout for talented people to train and develop into future leadership roles. The seamless ...

A succession plan is more than an exit plan. For years, financial advisors have believed that when it comes to succession planning, it’s a seller’s market. But as all advisors know, markets change.

According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While the ...

While many 1st Generation advisers express confidence in their succession plans, only 6% of those planning to retire within the next decade have a fully documented strategy in place. An industry study ...

Passing down a family farm from one generation to the next is as old as agriculture itself. It is both a dream and a responsibility. However, the path from one generation to the next is often fraught ...

Kevin Kingston, CLU, is managing director and financial adviser at Savant Wealth Management; savantwealth.com ...