Business Succession & Exit Planning
Guiding owners through the shift from running a business to stewarding the wealth it creates.
For most business owners, the company is the single largest asset they will ever hold, and the day they step away is one of the most consequential financial events of their lives. Done well, an exit converts years of effort into lasting, diversified family wealth. Done poorly, it can leave value, and tax, on the table. Our approach to business succession planning and business exit planning helps owners plan the transition deliberately, well before it happens, and then guide the change in identity that follows: from operating a business to managing the wealth it created.
This is another area where our founder's background matters. Michael Bova's experience as a chartered accountant with a background in law, with senior tax roles earlier in his career, brings a structuring and transaction perspective to family business succession and exit decisions – coordinated with your accountant, lawyer and corporate advisers.
Who this is for
You want full value from your exit
You want what you’ve built to become diversified family wealth, not value and tax left on the table.
You're ready for what's next
You’re ready to think about what purpose, income and identity look like in the next chapter.
You want to make the right call
You’re facing the largest financial event of your life and want to walk into it with clarity and confidence.
You'd rather start early
You’re thinking about an eventual exit and want to begin planning long before the pressure is on.
You want every angle covered
You would value a firm that understands the accounting, legal and financial dimensions of a transaction.
The right time to start
The owners who achieve the best outcomes are the ones who plan earliest. If an exit is on the horizon, even a distant one, now is the right time to begin.
Note: Family Wealth Advisory coordinates with, but does not provide, legal or tax advice; these are obtained from your own accountant, lawyer and corporate advisers. General information only.
My only regret is not having met Michael and his fabulous team years ago. Retaining Family Wealth Advisory was the best financial decision my family ever made. Michael’s advice is considered, well documented and easy to understand – his team are an absolute pleasure to deal with.
Paresh Khandhar SC
BarristerWe engaged Family Wealth Advisory to manage and grow our superannuation funds and feel as though a weight has been taken off our shoulders. The advice and excellent service received exceeded our expectations and we finally have a realistic plan to grow our wealth now and in the future.
Bruce and Liz Guthrie
Michael is not just a financial adviser. He is a trusted presence in our family, a coach and confidante. He listens, motivates and guides us to align our goals so we do not go backward but always forward. We cannot imagine a more reliable and trustworthy advisory team.
Dr Alen and Ana Bielich
Professionalism, passion and integrity sums up Family Wealth Advisory in three words. The feedback we consistently receive from our clients is that they are very well looked after by the Family Wealth Advisory team and delighted with the high quality service they receive. We continue to highly recommend Family Wealth Advisory to our clients.
Mark Pinhorn
Director, HYD AdvisoryMichael and the team at Family Wealth Advisory have developed a wealth management strategy strongly grounded in the fundamentals and accurately reflecting our evolving needs. I have found them a pleasure to work with, responsive and very professional in their approach to managing our wealth.
Simon Benjamin
Partner, Advisory, Ernst & YoungMike and his team have been extremely professional in handling our finances over the last few years. Mike has given us the peace of mind we had been seeking from a financial adviser for some time. His breadth of knowledge paired with his integrity are exemplary. We are so pleased to entrust our savings with Mike and his team.