Succession Planning Is a Right-Now Responsibility.
The firms that navigate transition well didn’t stumble into it. They started early, while they still had options.
Most firms have a succession plan. Few have a successor.
Meraki provides the structure to help you with a successful transition through:
Defining ownership transition
Achieving financial alignment
Facilitating leadership development
By the Numbers
Only 22% of next-generation leaders can afford to buy out founders at today’s valuations
Organic growth across the industry sits in the low single digits
Over half of M&A activity is now driven by private equity capital
Questions every firm owner should be able to answer:
What is this business worth today?
Could it run without me at the center of it?
Who is positioned to take it over, and do they have the incentive to stay?
If something unexpected happened tomorrow, what would happen to my clients and my team?
You don’t need to be ready to sell to start thinking about this. The best time to work through these questions is when you’re not ready, because that’s when you still have time to build the structure that makes every future option better.
What Does This Look Like For You?
A three-advisor firm had a plan on paper. The senior partner was 61. The two junior advisors were capable, but neither had the capital or the structure to buy him out at market value.
Meraki provided a path: liquidity for the founder, equity upside for the team, and a transition that didn’t require anyone to walk away.
