The ‘Silver Tsunami’ will see 2.3–3million U.S. baby boomer-owned SMBs change hands over the next decade as retirements ...

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 ...

When I launched my financial planning firm, WealthChoice, nearly nine years ago, I wanted to serve clients the way I knew they deserved, build flexibility into my life and create a business that ...

Anyone who has spent time in a law firm has seen this scenario unfold. A senior partner announces that they'll be retiring at the end of the year. A long-serving CMO or COO quietly shares that they ...

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 ...

In this Crain’s Quick Take, Matt Fedor, a business and estate planning attorney at Foster Swift, shares why business owners should think about succession and estate planning from the moment they open ...

Succession is evolving into a dynamic, lifecycle strategy that balances growth, flexibility and legacy across every stage of ...

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 ...

From my experience, most small to mid-sized businesses treat succession planning as a one-time event or something to figure out when leadership changes are near. In my opinion, that’s too late. When I ...

Experts warn families can no longer afford to delay As families face the largest wealth transfer in history, succession ...

The correlation between succession planning for family businesses and successful transfers to the next generation could not be more direct. One third of family-owned businesses have a succession plan; ...