Thinking About Retirement? Lessons in Strategy, Legacy, and Purpose from MGA's Journey

In case you missed it, earlier this year, we shared the news of Paul Grossbard’s retirement, a Founding Partner of MGA whose nearly four decades of leadership and mentorship have defined our Firm. Paul has been more than a business advisor — he has been a visionary who shaped the MGA you know today. As Paul embarks on new adventures, including art, travel, and deepening his community involvement, MGA celebrates his lasting impact while looking forward to an exciting new chapter ahead.

Paul’s retirement marks the culmination of a carefully planned, multi-year transition, crafted to ensure continuity and uphold our commitment to exceptional client service. This blog post aims to provide a glimpse behind the scenes, highlighting the dedication and strategic planning that have allowed us to prepare for this transition and ensure that both our clients and team continue to thrive.

Planning from Within: A Thoughtful Approach to Transition

At MGA, we believe that thoughtful succession planning is essential not just for our Firm's longevity but for ensuring our clients continue to receive the trusted expertise they've come to expect. We have carefully mapped out Paul's transition for two years, creating a smooth shift that, from our clients' perspective, should feel seamless. Our approach emphasized continuity — keeping the relationships Paul cultivated intact and strong, supported by a team dedicated to meeting our clients' needs with excellence.

Behind the scenes, we’ve been intentional in placing the right people into the right roles to ensure that Paul’s values and vision continue seamlessly. This thoughtful preparation has empowered our new and existing Partners with the insights and foundation needed to uphold MGA’s high standards. For our clients, this transition reflects our commitment to consistent, exceptional service — a hallmark of MGA’s approach to client care.

Creating a Legacy Library: “Paul Perspectives” to Live On

Transitions are not only about preserving the past but also about sharing its wisdom for future generations. To capture Paul’s invaluable insights, we created a library of videos accessible to our team members known as “Paul Perspectives.” This series provides a unique view into Paul’s thoughts on key themes, including leadership, growth, mentorship, and the art of building lasting relationships.

The Paul Perspectives series captures lessons and stories that reveal how MGA goes beyond numbers. Here are some of the specific topics we covered:

• 7 Lessons on Leadership, Growth, and Legacy
• Reflections on Living with Purpose and Passion
• MGA History 101: From Founder Paul Grossbard
• Mentorship in Motion: Lessons Learned and Passed Forward
• Building a Legacy as a Business Advisor: Paul’s Client Stories
• A Life in Balance: Gratitude, Giving Back, and Finding Fulfillment

Through these interview-style recordings, we honor Paul’s legacy, allowing his wisdom to guide our team and inspire future generations within MGA’s walls.

Planning for the Personal Journey: New Adventures Ahead for Paul

For many, retirement is a new beginning, and for Paul, it is a chance to rediscover passions and deepen community ties. Transition planning doesn't stop at the workplace; it’s about making time for pursuits that have long awaited one’s attention. Paul has a long list of aspirations for his next chapter, beginning with art lessons, traveling far and wide, and expanding his role in community engagements — focusing more on the “doing.”

We encourage anyone approaching a significant life transition, whether it’s retirement or a new role, to view it as a multifaceted journey. Like Paul, we can use this time to connect with our passions and explore new dimensions of personal fulfillment. At MGA, we are inspired by Paul’s approach to his post-retirement plans, which reminds us that life’s next chapters can be as purposeful as our professional journeys.

The MGA Commitment: Embracing the Future, Honoring the Past

Transitions are inevitable, but with careful planning, they can be moments of growth, stability, and inspiration. At MGA, we are here to support you through your own transitions, whether they’re business-related or personal. Our experience with Paul’s retirement has deepened our commitment to navigating change with integrity and foresight. We hope his story will inspire others to approach their transitions thoughtfully, preserving what matters most and embracing the opportunities ahead.

As we look to the future, we remain steadfast in our dedication to the values Paul helped shape at MGA. We are grateful for the trust and partnership of our clients, who have been part of this incredible journey. We’re excited to build on the foundation set by Paul and Russ, growing together and adapting to the evolving needs of our clients.

Thank you for being part of our story. Here’s to the next chapter of MGA — a chapter inspired by the past and driven by the future.

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