Retirement and succession

Am I ready for life beyond work?

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You could still lead the company for years. That’s the perfect time to create a succession plan.

After a lifetime of hard work, maybe it’s time to take a step back and reap the rewards of your hard work. Whatever you want to do next, we can help you manage the transition.

What should you consider when planning for tomorrow? What will your legacy be? When you love what you do, stepping aside isn’t easy. But as time goes by, your lifestyle will naturally adjust to a change in priorities. You may want to remain hands on. Or you may want to take a step back and pursue other passions.

Questions to ask yourself

It’s a good idea to start early to make your financial plan as effective as possible. But there’s a lot to consider. Begin by asking yourself these three questions:

Am I setting my family up for success?

It’s never too early to talk to your children about money: how it was made, how you should manage it, and why it doesn’t define you. Does your family have the right perspective on wealth?

How do I start the conversation?

It may seem like an uncomfortable topic to discuss. But simply starting to talk through your plans is half the battle. And the more honest you are about how you’d like to pass on your wealth, the easier the discussion becomes.

How do I want to pass on my wealth?

You want to give your children access to the best opportunities in life. But you also understand that the challenges you faced helped to get you where you are. How do you leave a legacy which serves their best interests?

Our tips

Talk can help founders and firms prepare for change. 81% of business owners who sold wish they had spent more time preparing*.

Succession plan can support the transition from business owner to asset owner. 34% of business owners have not identified professionals to help finalize the sale*, nor have put structures in place to help minimize taxes and shield proceeds.

Include sustainability as part of your auction or negotiations. 90% of investors want to align their investments with their values*.

Source: Three ingredients for succession success

Let’s craft your unique plan.

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Tailored financial planning

Our client advisors can guide you through a structured financial planning process to create an individualized plan that's based on your goals, values, and legacy. We always put your needs first and work to give you the confidence to pursue the financial future you envision.

Nurturing long-term relationships, together

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We’re with you and your family no matter what’s happening throughout the world. We provide a dedicated focus on your unique goals, for this generation and those to come.

Connecting you locally and thinking globally

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We take the time to understand your goals so we can offer you the right solutions and insights centered on your financial ambitions.

Guiding you through opportunities and challenges

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We've proven our resilience with more than 160 years of experience in an ever-changing world. And we continue to demonstrate our leadership among the largest global banks.

Connecting what matters

When you create, inherit or manage wealth, you have opportunities to pursue bold and meaningful undertakings. We can help you tap into deep networks within Global Wealth Management, Asset Management and the Investment Bank to access industry-leading experts and spark connections with like-minded peers.

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Together, we can help you pursue your goals.

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