Many families have stories about what goes wrong when transition planning is ignored. Lance Woodbury (pictured at top) specializes in legacy planning, land transitions and succession for more than 25 ...

Succession planning helps staff pursue interests and obtain training needed, helps agencies ensure that qualified successors will be ready to take the lead, and helps leaders leave a legacy of ...

As advisory firms increasingly invest in artificial intelligence, experts say the next generation of leaders will have to ...

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.

The challenge of succession planning isn’t new. But founders have more solutions at their fingertips than ever before.

Succession planning is fraught with potential missteps. By examining common mistakes, businesses can employ proactive measures to sidestep pitfalls that have ensnared others. Delaying the Planning: ...

Before considering buyers or negotiating terms, define your objectives. Are you seeking to maximize value, ensure continuity ...

To protect continuity and keep the mission moving forward, organizations need to think about leadership transitions well ...

Building a thriving advisory firm is a significant accomplishment, but what happens to the business, and your clients, when you’re ready to move on? A comprehensive succession plan can help answer ...