Succession Planning can be a daunting topic. The succession planning advisers at Hawthorn based Ascent Private Wealth understand this and want to ensure you have a smooth transition of assets from one generation to the next. By putting the correct structures in place, you can ensure that your loved ones are effectively looked after financially.
Successful transitions can sometimes take years of succession planning to implement. Research tells us that only 30% of family businesses survive into the second generation, 12% into the third and 3% into the fourth. Ascent Private Wealth can assist you with:
- Management succession
- Ownership succession
- Leadership succession