Michael Gold of Westport on Preparing for Business Exits
Close to three-quarters of privately held business owners expect to transition or exit within the next decade. That shift could involve an estimated $10 to $14 trillion in exit-related wealth, yet many owners remain unprepared.Michael Gold, who leads Gold Family Wealth in Westport, Connecticut, thinks he knows why. The trouble, he argues, is rarely a shortage of expertise. Owners are often surrounded by credentialed professionals who work...