Grab a copy of the slides from our webinar, Exploring Continuity vs. Succession, which provide essential information on creating the optimal plan to safeguard your clients, team, family, and value. This handout encompasses the fundamentals, purpose, and tools necessary for protection.

Continuity is often used interchangeably with the term Succession Planning. However, the two serve very different purposes and require a separate set of tools to craft and implement. While continuity is essential and required by the SEC, succession planning is where advisors can differentiate, grow, and create value year after year.

A well-written continuity plan provides straightforward guidance using plain, direct language. There can be no confusion of who is responsible for which aspects, and it must ensure the transitions can occur swiftly, legally, and financially to avoid any disruption to your clients. Our EMS™ team shares insight on the basics, details, and where continuity planning can go wrong.

Internal succession planning is a crucial process for businesses to ensure smooth leadership transitions and long-term sustainability. However, despite careful preparation, there are always lingering uncertainties that can arise during the planning phase. Two significant concerns often arise in internal succession planning: "What if my plan fails?" and "What if I'm not ready to share all the numbers?"