The Purposeful Investor
The Purposeful Investor is a fortnightly podcast featuring digestible but thought-provoking and intelligent conversations about markets, leadership, psychology, and the lessons learnt along the way.
Your hosts, Aden and David are from Capital Partners Private Wealth Advisers -Australia's' Professional Practice of the Year 2017, 2019, 2024. They support successful Australian families to create prosperous financial futures.
Disclaimer: The information on this podcast is of a general nature only and may not be relevant to your particular circumstances. The circumstances of each investor are different, and you should seek advice from a professional financial adviser who can consider if the strategies and products are right for you. In any instance where information is based on historical performance, we would advise that this is not a reliable indicator of future performance. You should not rely solely on this material to make investment decisions and should seek professional advice.
© 2025 Capital Partners Consulting Pty Ltd (AFSL 227148) trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788. The Purposeful Investor® is a registered trademark of Capital Partners Private Wealth Advisers.
The Purposeful Investor
Episode 5 | Business succession planning
Aden Wilkins and David Andrew define succession planning as the process of transitioning ownership of a business over time. This can take different forms such as an internal succession, a sale of the business, or transferring it to family.
David emphasises the importance of considering whether the strategy is to "harvest" the business through sale or pursue a "legacy" strategy of passing it down. He notes that succession involves transitioning not just capital but also leadership roles and maintaining the vision and values of the business.
David draws on his own experience with succession planning at Capital Partners. He explains how they began planning early to protect clients even with just a few employees. He details the multi-year process of transitioning out founding partner Chris while maintaining services, and culture, and developing new leadership over that time.
- (0:00:11 - 0:01:54) Sharing wins of the week
- (0:01:54 - 0:10:37) "harvest strategy" vs "legacy strategy"
- (0:10:37 - 0:15:42) Succession planning at Capital Partners
- (0:15:42 - 0:20:00) Developing new leadership teams at Capital Partners
- (0:20:00 - 0:28:53) Succession of vision/values
- (0:28:53 - 0:29:54) Transition of shares to new shareholders over time
For more information on Capital Partners visit capital-partners.com.au.
Have a question? Email us ask@capital-partners.com.au.
This episode provides general advice only. Always refer to your financial adviser for advice about your personal circumstances.
Capital Partners Consulting Pty Ltd AFSL 227148 trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788.
