Exit Is Now - Plan Accordingly With Scott Snider Leadership Pipeline: Strengthening Owner Ties and Growing Future Leaders
Mar 20, 2025
Scott Snider chats with Andrew Shantz, a financial advisor at UBS specializing in wealth management and exit planning for business owners. They dive into the importance of fostering trust and engaging the next generation of leaders. Shantz shares insights on balancing innovation with tradition, the significance of mentorship in developing talent, and effective recruitment strategies. They also discuss transformative business strategies that maximize value and essential support for successful transitions, highlighting the benefits of community and peer sharing among owners.
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From Bugs To Wealth Advisory
- Andrew recounts studying entomology then joining his father's wealth firm after a dinner promise to 'get you into wealth management.'
- He learned on the job, worked with a mentor who tested his fit, and stayed when he couldn't quit.
Generational Tension And A Buyout
- Andrew describes tensions with his father over growth pace leading to a buyout offer around 2011.
- After taking control, Andrew and Tom drove rapid growth but also learned from mistakes when they "ran really fast and tripped."
Hire By Selling A Clear Vision
- Show candidates a clear vision and plan for the business to attract next-gen talent.
- Demonstrate opportunities and that you have their best interests at heart.
