Succession planning: By the numbers
![More revenue = more planning. 75% of firms that generate more than $3 million in revenue annually have a succession plan in place – compared with 62% of firms generating $1M-$3M and just 51% of firms with less than $1M in revenue.
Source: <a href=http://www.investmentnews.com/article/20110411/INCR/120129985>2012 IN Adviser Solutions Succession Planning Study</a>](https://s32566.pcdn.co/wp-content/uploads/2019/10/FREE_530009998_PH_3_0.jpg.optimal.jpg)
More revenue = more planning. 75% of firms that generate more than $3 million in revenue annually have a succession plan in place – compared with 62% of firms generating $1M-$3M and just 51% of firms with less than $1M in revenue.
Source: 2012 IN Adviser Solutions Succession Planning Study