A good exit plan should create clarity quickly, then convert that clarity into actions that increase options and value.

Current farm owners should evaluate their tax situation to learn the best steps to transfer to the next generation, but “this is the best time ever to transfer because of the estate tax at the federal ...

Unlike traditional employees, business owners often have income tied directly to company performance, fluctuating cash flow, ...

Fear is rarely acknowledged in leadership conversations, but in my experience, it is one of the biggest barriers to building successors.

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 ...

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 ...

For a profession that prides itself on crunching numbers, analyzing data and creating complex financial strategies, financial advisors often fall far short when it comes to planning for their own ...

The success of a succession plan is tied to good communication, and HR leaders are key to making sure this happens, according to McLean & Co.’s “Design a High-Value Sucession Planning Program” guide, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In business, few topics carry as much weight — yet ...

For many registered investment advisor (RIA) firm owners, succession planning is a daunting but necessary process. But for women-led firms, the journey toward a successful transition is often more ...

By: Dr. Emmanuel ACQUAH-SAMThis piece explores how Barzillai’s benevolence toward David offers enduring lessons for sustainable leadership and succession planning. It contrasts narrow economic ...