Successful leadership transitions require thoughtful preparation, planning — and time. Ideally, planning should begin one to three years before an executive’s departure. To help board members and ...

One of the benefits of being a financial advisor is the potential to own your business and run it how you see fit. Then, when you’re ready to move on, you can leverage the opportunity to pass the ...

If you want to be on the positive side of those numbers, you need to start planning the succession almost as soon as you start or acquire the business. The process requires transparency and honesty, ...