About Magnolia Legacy Partners
At Magnolia Legacy Partners, we specialize in guiding business-owning families through complex generational transitions, helping protect both wealth and family relationships when clarity, discretion and sound judgment matter most.
Our Mission, Values & Role in Succession Planning
Mission
Our mission is to empower families to preserve their enterprises, family harmony, and legacies while enhancing familial and financial well-being across generations.
Values
Magnolia Legacy Partners is grounded in trust, communication, and respect — creating a discreet environment where families can speak openly, navigate difficult decisions thoughtfully, and make deliberate choices they can stand behind.
Our Role
Our role is to serve as a neutral guide throughout the succession-planning process. We help families surface what’s often left unsaid, bringing structure to complex decision-making and coordinating thoughtfully with existing advisors so plans work in practice, not just on paper.
Our Expertise & Experience
Steven Schermer
Founder
Magnolia Legacy Partners is led by Steven Schermer, a seasoned advisor with more than 25 years of experience guiding ultra-high-net-worth, business-owning families through complex succession, governance, and estate matters. His work with multigenerational enterprises — including several Forbes-recognized families — has shaped his unique expertise, combining technical precision with a deep understanding of family dynamics to advise when stakes are highest.
Why Families Choose Magnolia Legacy Partners
Families turn to Magnolia Legacy Partners when they need a specific blend of cross-disciplinary expertise, foresight, compassion, and white-glove service at a level that’s often difficult to find elsewhere.
Here’s what makes us unique:
Depth of Experience
We draw on decades of experience advising nationally recognized private enterprises on succession, governance, and complex estate and tax matters, pairing technical precision with an understanding of the human factors that make transitions successful.
Holistic Perspective
Our work brings together estate and tax planning considerations, corporate governance expertise, and hands-on succession experience, enabling us to address issues that are often overlooked when advisors work independently.
Evidence-Based Assessments
Using structured interviews and established diagnostic tools, we assess ambitions, capabilities, preparedness, and areas of potential misalignment across generations that are rarely uncovered through traditional planning alone.
Relationship-Centered Approach
Because succession is inherently personal, our approach emphasizes trust, clarity, and communication, helping families navigate complex decisions while maintaining strong relationships over time.
Early Risk Identification
Generational transitions seldom fail with no warning. Our experience across complex transitions allows us to recognize early signals others may miss, giving families the opportunity to act before challenges intensify.
Ongoing Support & Accountability
Effective planning depends on execution. We remain engaged beyond delivery, coordinating with existing advisors and supporting ongoing follow-through to ensure decisions are carried through as intended.
Guidance That Makes an Impact
Families engage Magnolia Legacy Partners for guidance that changes outcomes, not just plans. Across engagements, our focus is on identifying and stopping the patterns that cause generational transitions to fail.
Take the First Step Toward Greater Peace of Mind
When succession decisions feel high‑stakes or unclear, having a neutral, experienced guide can make all the difference. Reach out to begin a private, exploratory discussion today.