On Monday of this week, Bill Crager, CEO and co-founder of Envestnet, announced that he would be stepping away at the end of the quarter.

His announcement comes after Eric Clarke of Orion and Aaron Klein of Nitrogen have also retired or significantly scaled back their involvement. Bill stepping away adds to the growing list of industry veterans passing the torch.

I don’t know if you can relate to this, but watching my mentors and the generation that shaped much of the beginning of my career step back certainly makes me feel a little more seasoned in my career (which is just a nice way of saying I’m starting to feel old).

I’ll spare you any detailed correlation talk between the Saban, Carroll, and Belichick announcements, and suffice it to say that these leaders have played a huge part in how our industry has grown and evolved into what it is today.

While we reflect on their impact, looking ahead is also important.

The changing of the guard is not only inevitable but also presents a unique opportunity at this moment in time — a chance for advancement and innovation.

As the successors take the field, they bring unique inspiration and diverse perspectives that can enrich the dynamics of our industry.

While they uphold the original team’s mission, there is potential for them to elevate it to unprecedented heights, transforming the organization to serve the needs of tomorrow.

This transition is an opportunity for remarkable growth.

For those of us in the middle of our careers, we have time to keep implementing our vision and develop the next generation.

Success, especially in our industry, is never about a single individual. It’s about generational impact that builds on what’s come before.

We won’t pass on vision, mission, values, and excellence overnight. How are you leading the future leaders of tomorrow today?