Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Organizations are more prepared today in planning for the future and designing roles and ...

Succession planning for business owners isn’t just for the ultrarich and powerful like the Roy family battling it out on HBO’s “Succession.” Having a plan in place for who’ll take over when the ...

After decades of building your business, turning it over to someone else can be emotional. But with the right mindset and a strong plan, it can also be your proudest moment. The most important step in ...

The very public division within the Democratic Party following the presidential debate in June serves as a stark reminder of the crucial role of succession planning. Regardless of the outcome, the ...

What Warren Buffett's succession plan at Berkshire Hathaway can teach family offices Warren Buffett’s carefully planned ...

With Baby Boomers nearing retirement, the number of succession plans in place for CPA firms is on the rise. But fewer than half of multiowner practices have succession plans ready, mentoring is ...

Succession planning, the art of ensuring that a family business successfully outlasts its founding generation, is a perpetual issue for family business owners. Employee stock ownership plans (ESOPs) ...

When it comes to succession planning, Travis Shuring, a financial advisor with Edward Jones, wants to make sure families are protected. This is something he does by helping put the proper plan in ...

Fans of the fictional HBO drama "Succession" have likely watched the relentless struggles between company founder Logan Roy and his children, who want control of the family's global media and ...

Nearly 90% of financial advisors lack a formal succession plan, an Investment Planning Counsel survey revealed in May. Although 69% of the financial advisors surveyed were nearing retirement or had ...