Our Services

The Silent Generation and Baby Boomers together will pass down $84.4 trillion in assets through 2045 (forbes.com August 9, 2023), and most of that wealth is tied up in the businesses they own. Many business transition opportunities exist – from external sale to a family transition, management buyout or passive ownership arrangement – and succession and exit strategy planning is key to maximizing the transition of this vast generational wealth.

With a 100-year legacy, Elliott Davis has guided business owners through all economic cycles. Our team of experienced professionals provide holistic succession planning services to family generational businesses, professional services firms and C-suite organizations.

We tailor our approach based on the unique needs and circumstances of the client, considering priorities under four key pillars to assist with the development and execution of successful succession plans:


Owner goals

Family dynamics

Estate planning


Tax planning and structuring

Company valuation

Equity restructuring (ESOP, management buyout)

Alternative compensation plans (deferred compensation)


Strategic planning

Roles and responsibilities

Policies and procedures

Performance management


Board composition

Legal governing documents

Business continuity planning

Our Team

Charles M. Duke III

Full Principal

Alex Althoff

Senior Manager

Peter K. Barton


Case Studies

Additional Resources


Succession planning – Tax implications of…

Jul 28th, 2023

This article is a continuation in our series on the tax implications of the different structures used to buy or sell a business.  If you…
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Succession planning – Tax implications of…

Jul 11th, 2023

In a continuation of our series on closely held business succession planning, our next few articles discuss the implications of buying or selling a closely…
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Succession Planning – Choosing Your Successor

Nov 16th, 2022

by David Stewart, Taylor Pelusi, and Spencer Caldwell As we continue our series on business succession this article builds on our first two topics: the…
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