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Business Succession Planning
For Owners Seeking Continuity and Control
Clear Structure for Leadership and Ownership Transitions
Business succession planning is one of our specialized services, focused on helping business owners maintain continuity and control through transition. We work with clients to define a succession strategy that aligns ownership objectives, leadership needs, and personal priorities within the broader financial picture.
A successful succession plan goes beyond naming a successor. It often requires coordination among key employees, family members, and estate planning considerations. We work alongside appropriate professionals so planning remains disciplined, practical, and aligned.
How We Help
Our approach brings structure to the succession planning process, helping business owners make informed decisions with fewer surprises. We clarify objectives, assess succession candidates within the planning context, and outline next steps that support continuity and long-term stability.
We help define the purpose of the succession plan, including desired outcomes, timing, and the owner’s role during and after ownership transitions.
We assist with deferred compensation and deferred compensation plan elections, focusing on timing, liquidity, and potential tax consequences across career stages.
We identify key employees and critical roles that support institutional knowledge, helping reduce disruption and protect business operations.
We consider leadership readiness when evaluating future leaders, helping owners assess preparedness and identify planning considerations that support a smooth transition.
For executives navigating changes in role or responsibility, we assess compensation practices and how executive pay structures align with corporate strategy, company goals, and long-term priorities.
We coordinate business succession planning with estate planning priorities and the broader wealth plan, working with legal and tax professionals when appropriate.
A Fiduciary Approach to Executive Compensation
As an independent advisory firm, we provide objective guidance on business succession, helping business owners evaluate ownership structure and leadership considerations within the broader financial picture. We coordinate with legal and tax professionals, including a certified public accountant when appropriate.
Preparing for What’s Next
Business succession planning should be revisited as businesses and personal priorities evolve. We help clients refine the action plan and remain prepared for change, supporting continuity and long-term success.
Contact our team to begin the conversation.
