Skip to main content
Set Up a Free Discussion — About Succession Planning

Succession Planning

As a business owner, having a succession plan in place helps ensure that you can retire someday, and if something unexpected happens to you before then, your business will continue to operate and your legacy will be preserved. Whether you choose to pass the business to partners, family members, or a select group of employees, we can help you discuss the different ramifications and put insurance policies in place which can help ensure the transition goes smoothly and that the liquidity is there to help finance your wishes. For instance, after meeting and putting together a strategy for you for business succession, you may choose to execute cross-purchase or buy-sell agreements.

Succession planning can help you retain trusted executives or employees that you would like to have run the business someday, while giving you a solid path to retirement. Knowing that you will have retirement funds and can pursue other personal activities after you exit can give you the focus and peace of mind you need. Knowing who will run things later on helps ensure that you get them involved in important decisions early, that you impart your values and company vision thoroughly, and that you help train them well for the roles they will ultimately fill. If you want your business to go on after you exit, creating a succession plan may be exactly what you need to do.

Let’s discuss Succession Planning.

Even if you are inundated with day-to-day ongoing responsibilities, allow us to save you time by letting our team do the research on your behalf. We have the expertise, experience, and capacity to provide this guidance to you.

I Am Ready

Here’s the Best Part:
Our process of helping you plan for Business Succession is Complimentary.

About Chad Albano

Chad Albano is an Executive Director and part of the Advisory Board of Global View Capital Advisors. He is a Fiduciary Planner who believes in empowering clients by providing them with education, whether it’s advising individuals and families or executive teams at companies.

In his role at Global View, Chad has 3 main areas of focus: Planning for Baby Boomers and pre-retirees, helping companies improve their 401(k) plans and protecting plan sponsors from fiduciary liability, and working with business owners and management teams fill the gaps in their succession plans, key person protection, employee retention and incentive plans.

Prior to his current role, Chad had over 10 years’ experience in various roles within corporate finance and accounting, ranging from tax, financial reporting and planning, distribution, and manufacturing, so he understands the demands on business executives and owners. Chad holds a Bachelor of Business Administration degree in accounting from the University of Wisconsin – Whitewater and passed the Uniform CPA Exam in 1999.

Stay up to date with the world of finance!

Our Blog

Read the latest financial news and information.

Upcoming Events

Stay up-to-date & register for an upcoming event.

Featured Videos

Browse through our informative videos for you.

The 10 Best Kept Secrets to Building Wealth

What if you had a simple guide to help you not just get a better handle on your finances, but also prosper in your life? Download our guide today.

Are you ready to get started?

Talk to A Fiduciary Advisor

Contact us!

Name(Required)
This field is for validation purposes and should be left unchanged.

Schedule a complimentary consultation & Learn how GVCA can help you!