Economic uncertainty is causing many registered investment advisors (RIAs) to take a more cautious approach to succession planning, M&A activity and financing decisions. But according to Byline Bank’s Tiffany Tyson, SVP and Sr. Commercial Relationship Officer, and Scott Mier, SVP and Division Head of Commercial Banking, waiting for perfect conditions could leave firms with fewer opportunities and less flexibility when the time comes to act.  

In a new article featured in Wealth Management’s 2026 Midyear Outlook, Tyson and Mier explore how RIA owners can position themselves for future growth and transition by planning earlier, maintaining access to liquidity and building strong banking relationships before they need them. They also discuss why preparation, not prediction, may be the most effective strategy in today’s environment.  

While no one can predict where markets or interest rates are headed, firms can control how prepared they are for what’s next. Those that begin planning now may be better positioned to navigate whatever comes their way.  

Read the full article in Wealth Management.