Mindset & Meaning
Why Most Succession Plans Fail Before They Begin
Every advisory leader says they want a smooth, elegant succession. Yet behind the scenes—across agencies, brokerages, and wealth firms—there’s another reality: succession often becomes emotional, political, or chaotic long before the paperwork gets signed. Not because people don’t care, but because no one ever prepared the team, the culture, or the psychology for what a
Simon Reilly
August 5, 2026