The thriving transition

Moving a business to the next generation

Authored by the Merrill Center for Family WealthTM


As a business owner nears retirement, a successful transition often becomes a prominent concern. The delicate process of selecting a successor can become even more precarious when an owner wants to keep the business in the family. Juggling what’s best for the business and the family is no simple task, but it’s one that Merrill private wealth advisors and the Merrill Center for Family WealthTM team can skillfully help you to navigate.

Learn more about our process and how we work together with business owners and their families in our whitepaper The thriving transition: Moving a business to the next generation. In this piece, the Russos, a fictionalized composite of client families we have worked with over the years, navigate the complex process of passing their business on to their children with the help of their Merrill private wealth advisor and the Merrill Center for Family WealthTM team. You’ll discover how we identify key issues, lay out principles and introduce tools to help the Russos progress toward a successful succession.

If you are considering passing your business on to your children or other family members, your private wealth advisor is ready to discuss concerns and potential ways to move forward. 

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