Business Owners
-
Raymond James Report: Business Owners Target Concentrated Wealth for New Ventures
A Raymond James survey of U.S. business owners reveals a strong intent for succession planning, with 88% planning to transition their stake within a decade. Many owners have high asset concentration in their businesses and anticipate needing growth capital, with private equity and bank loans being top funding considerations. While family succession is a common goal, a potential blind spot exists regarding human capital and next-generation leadership readiness.
