Providing a future: A succession story

If the situation changes for a person being groomed as a replacement (perhaps the potential successor leaves the firm or decides that he or she desires a different career path), the firm immediately introduces a new plan. Because things do change, the succession plan is constantly evolving, and it is consistently a topic of discussion for members of the firm. [...]we're much more thoughtful about it, trying to be proactive and in the driver's seat rather than just reacting to somebody else in the marketplace." * WEC has never acquired another firm or been part of a merger, although the firm has established related entities (WealthQuest Financial Services LLC, virtual office services provider ercountable LLC, and wholly owned subsidiary CSG Strategic Tax Consultants). Because of the succession plan, the firm's leaders are confident that they will not be pressed into a less-than-favorable merger when Einhorn decides he is ready to sell his ownership and/or Wall is no longer active.