Succession Planning

Plan for the future with strategies to create value and manage the unexpected.

Oyster will work with you to define your goals and design a path to get there, supported by industry intelligence and benchmarks.

Oyster Consulting has the multi-disciplined team you need. Whether your firm consists of a few employees or thousands, our experts will assess your current operating model and provide insights into marketplace options, alternative business models and how you can best monetize your assets. Oyster can also help create and update your Business Continuity Plan to include succession planning.

Our consultants have run and participated in some of the largest mergers and acquisitions in the industry’s history. We know what it takes to have a successful transition. From strategic planning and finding the right partner to the integration of firm cultures and systems, Oyster is the partner you need to create future value.

The Oyster Difference

Oyster has the expertise and industry contacts to assist you in transitions through all evolutionary stages of your business, including, downsizing your involvement or the sale of your practice. Our experts have years of industry experience and can quickly assess the appropriate next steps and timing most appropriate for you and your clients. Oyster will not only provide your firm with recommendations but will help you execute your plan.

Regulatory Background

Both FINRA and the SEC require firms to create and maintain Business Continuity Plans to protect firms and their clients, but Business Continuity is only part of a succession plan. When considering a merger or acquisition, firm culture, the transition of platforms and data conversion must also be considered. Once in motion, there are tasks required by the regulators, such as the checklist provided by FINRA which includes Membership, CRD, Account Management and Trade Reporting considerations.


Why It’s Important

Industry experts agree that a succession plan for your organization not only makes financial sense but is an extension of the overall duty to your clients. The loss of a key person without a plan will impact service to your clients and shareholder returns. Monetizing your investment is also part of a succession plan. You have spent a lot of time building a business that has value. You should have a plan that preserves that value.

Our Process

Step 01


We listen to your goals and priorities. We foster significant transformation by encouraging a dialogue that goes both ways.

Step 02


We make a plan and schedule to give your team the best financial service industry experience for your project.

Step 03


Oyster ensures regular communication to oversee and strengthen the financial compliance management project objectives while accomplishing project tasks.

Step 04


Oyster offers financial services regulatory compliance support to meet your goals and expectations.

Succession Services


Address Succession Planning efforts to ensure industry best practices are considered and applied to a documented strategy

Provide competitive landscape, benchmarks, best practices and alternatives for consideration

Market and firm growth trends that may impact future forecasts