#USA #Plano #Alkami Technology #American Banker #First Fidelity Bank

Navigating Business Succession: A Webinar to Foster Growth

As businesses across the United States face an unprecedented wave of transitions, the importance of strategic business succession has never been more critical. On September 22, 2025, American Banker will host a compelling webinar titled "Don't Fumble the Handoff: Win with the Business, the Owner, and the Successor." This event is poised to provide invaluable insights for financial institutions looking to thrive during this generational transfer of ownership.

The retirement of baby boomer business owners is creating a seismic shift in the market, with an estimated 2.3 million businesses poised for change, representing trillions in business value. Many of these transitions occur without formal exit strategies, presenting both challenges and opportunities for banks and credit unions. This webinar aims to address how financial institutions can navigate this complex landscape and develop lasting relationships with both current owners and their successors.

Insights from Industry Leaders

The discussion will feature insights from key leaders in the field, including Taylor Adkins, Vice President of Product Management at Alkami, and Teri Wagner, CTP, Executive Vice President and Director of Treasury Services at First Fidelity Bank. Together, they will explore the evolving expectations of today's business owners and their successors regarding modern banking platforms and service delivery.

Adkins emphasizes the need for financial institutions to remain competitive in an era marked by rapid technological change. "Modern treasury services shouldn't require a compromise between usability and control," he asserts. Alkami is committed to helping institutions create intelligent, mobile-enabled treasury experiences. By integrating payments, risk management, and financial analytics, Alkami's platform is designed to adapt and respond to the unique needs of each client.

Addressing Owner Expectations

In this context, Wagner highlights that although successors may enter their roles with different backgrounds, their expectations for service quality and responsiveness remain consistent. What's different today is the demand for digital solutions from day one. Institutions that streamline their onboarding processes and simplify access to treasury services will likely succeed in retaining and nurturing these critical relationships.

Tailored Solutions for the Future

As the landscape of financial services evolves, banks need to offer intuitive, integrated online solutions that adapt to various stages of business ownership, from initial engagement all the way through the transition period. By focusing on anticipatory banking, financial institutions can equip themselves to meet the expectations of clients at every touchpoint.

Register for the Webinar

For financial institutions eager to enhance their strategies during this transformative period, registering for the webinar is a step in the right direction. Attendees will gain insight into key trends, tools, and strategies essential for successful business succession management. To register, click here.

About Alkami

Alkami Technology, Inc. is recognized as a leading provider of digital sales and service platforms tailored for U.S. banks and credit unions. By integrating solutions related to onboarding, digital banking, and data analytics, Alkami empowers financial institutions to effectively engage and grow their client relationships.

Conclusion

With a vast market shifting due to generational wealth transfer, the importance of understanding and implementing effective business succession strategies cannot be overstated. Join experts at this upcoming webinar to ensure your institution is well-prepared for the future.