Services // Succession Planning

Business Continuity and Succession Planning for Family Businesses and Corporations

Creating a solid, written succession plan is key for trusted advisors and professionals. We guide them through the steps to safeguarding the financial future for their clients, employees, and family members, a process that’s especially critical for sole practitioners.

Succession Planning for Family Businesses

Many financial planners have sought FPMG’s counsel over the years to work through succession planning issues.

For trusted advisors, having a succession plan that makes sense for both them and their clients can provide invaluable peace of mind. FPMG has the years of experience and expertise to successfully drive this important process, giving you the peace of mind that your family’s business will carry on its success while you move on to the next phase of your life.

AMONG THE MANY TOPICS WE COVER IN OUR FAMILY BUSINESS CONSULTATIVE PROCESS ARE:

Creating behavioral plans to address succession planning
Understanding how non-financial issues affect succession planning
Developing a vision for the next phase of life
Determining the qualities that are important in a successor
Finding a person who has those qualities
Structuring the actual succession plan

Succession Planning for Closely Held Businesses

FPMG helps closely held and other businesses navigate the challenges of next- generation planning. We work to protect the futures of businesses by ensuring they’ve created a plan for the next generation.

No one really cares to think of what their business will be like without them around, but since the future is unknown, it makes great fiscal and emotional sense to make plans for the next generation. FPMG’s expertise and experience in this area can ensure the process is comprehensive and incorporates each person’s perspective. Our goal is to guide business owners and leaders through this potentially difficult process, ensuring their values and sound business principles are aligned.

AMONG THE MANY TOPICS WE COVER IN THIS BUSINESS PLANNING CONSULTATIVE PROCESS ARE:

Identifying in-house talent with future leadership roles in mind
Creating a behavioral plan to move forward
Learning how to smooth leadership transitions
Discovering how to embrace new leadership
Ensuring a written succession plan is in place

Succession Planning for Professionals

Creating a solid, written succession plan is key for professionals. We guide them through the steps to safeguarding the financial future for their clients, employees, and family members, a process that’s especially critical for sole practitioners. Many professionals have sought FPMG’s counsel over the years to work through succession planning issues.

For professionals, having a succession plan that makes sense for both them and their clients can provide invaluable peace of mind. FPMG has the experience and expertise to successfully drive this important process.

AMONG THE MANY TOPICS WE COVER IN THE PROFESSIONAL CONSULTATIVE PROCESS ARE:

Creating behavioral plans to address succession planning
Understanding how non-financial issues affect succession planning
Developing a vision for the next phase of life
Determining the qualities that are important in a successor
Finding a person who has those qualities
Structuring the actual succession plan

Dr. Denise Federer is more than a performance coach she is an extension of our
team. Her ability to immerse herself into our business to get a full understanding
of operational matrices and team dynamics places her steps ahead of her
competitors. She took the time to understand my leadership style and catered
my game to best fit the needs of my organization in terms of internal and external
communication, team dynamics, roles and responsibilities and most importantly
setting benchmarks and goals that aligned with my company’s mission statement
and performance goals. Denise is a valued member of the Integral Energy
team and our most recent success, especially through COVID, can be solely
contributed to her.