As the life cycle of a privately held insurance brokerage progresses, owners inevitably ponder “what’s next?” – knowing an eventual transition of ownership will take place.
Questions begin to surface around the various routes available to preserve the firm’s legacy. Many, however, fail to consider a more crucial question: Have shareholders and/or leadership positioned the firm from a financial, cultural, and organizational standpoint that aims to maximize shareholder value and sustain the firm’s legacy?
