One of the biggest mistakes I see organizations make is that they have a one-for-one approach with limited optionality.

Learn the basics of business succession planning, why it’s crucial, and how businesses can prepare for leadership transitions ...

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 ...

As RIA valuations rise, advisory firms are outgrowing next-generation buyers, a potentially perilous blind spot for business ...

Every business owner has a vision of success, whether it’s serving their community, providing for their family, or building ...

Transferring your family business into the hands of a new generation is an exciting opportunity for growth. But with that opportunity also come legal considerations that are crucial to the ongoing ...

A few weeks ago, I outlined the importance of making an exit plan—strategically mapping out a path to eventually leaving your business. There are many ways to exit a design firm, but one of the ...

Allianz Global Investors plans to vote against the reelection of Adidas Chair Thomas Rabe due to his multiple roles in ...

A 2023 PricewaterhouseCoopers study found that 66 percent of U.S. business owners over age 55 do not have a robust, documented, and communicated plan for succession. Peter Boumgarden is director of ...

Aimed at family business founders preparing for retirement or transition, this comprehensive guide offers a step-by-step approach to succession planning, retirement planning, and creating a ...

Yet many leaders wait too long to answer a critical question: What happens to the business when I step away? Succession planning isn’t just about a final chapter — it’s a strategic part of ...