 Succession Management
The principals of CCM understand that it's not enough to
build and run a successful money management firm. Since retirement
at some point is inevitable, owners must be able to capitalize
on what they have created and ensure that the firm’s
legacy carries on.
Yet ownership and leadership transition is a sensitive issue
for an investment management firm and everyone involved with
it – owners, employees and clients. Any such transition
presents difficult choices:
- How can the principals balance the desire to maximize
the financial return on their careers with the need to ensure
the firm's economic continuity?
- How is a change executed without jeopardizing the leadership
and investment strategies that made the firm a success?
- Are there key people to whom the owner can pass the baton?
And what is their incentive to stay?
Because the principals of CCM have experience with these
issues, we support the money manager through an orderly transition
instead of a drastic change. We’ve helped many of our
affiliates through CEO successions, each of which has
been unique because the personalities and situations were different.
The knowledge gained through experience of completing them,
however, is not easily replicated.
For the money manager who wishes to remain independent, capitalize
at a reasonable price, share in the growth of profits, and enhance
the business's competitive profile, the answer is CCM. But don't
take our word for it. Check
out our current affiliates and
feel free to call them directly.
For more information on our succession management services, please contact us.
|
