March 18, 2026 | Charlotte, North Carolina
On March 18, 2026, NCGrowth and U.S. Bank’s Business Access and Wealth Management team convened their third collaborative summit in Charlotte, North Carolina. Titled “Creating Pathways to Legacy,” this installment focused on defining what it means to build a resilient, enduring small business in today’s evolving economic landscape. More than 130 guests gathered to engage in substantive dialogue around three pillars: operational resilience, capital readiness, and legacy and succession preparedness.
Since 2024, U.S. Bank/NCGrowth’s ongoing collaboration has consistently centered on the urgency of succession planning and sustainable business development. A driving force behind this work is the “Silver Tsunami” — the anticipated wave of Baby Boomer retirements that threatens to erode payrolls, displace jobs, and diminish community wealth if businesses are not thoughtfully transitioned to the next generation of owners.
A Collective Approach to Economic Vitality
The summit placed collective planning at the center of its agenda, drawing together a diverse group of ecosystem partners and thought leaders to offer both strategic context and actionable resources.
Dr. Cody Morris, Ph.D., of the Kenan Institute of Private Enterprise opened with an economic overview, providing important context and market outlook for small and medium-sized enterprises navigating today’s environment. Representatives from Mecklenburg County’s Office of Economic Development and the City of Charlotte offered insights into the region’s growing economy, highlighting the significant transportation and infrastructure opportunities embedded in the Charlotte Future 2040 Plan.
Charlotte’s broader ecosystem was well represented, with contributions from Next Street, BEFCOR, Prospera, and the Charlotte Women’s Business Center. These partners shared practical guidance on how business owners can remain actively engaged with their communities as they grow and detailed the range of resources available — including small business lending, technical assistance, and advisory support.
Voices from the Field: Business Owners and Practitioners
The summit provided a valuable forum for business owners themselves to share their experiences. Representing industries spanning healthcare, technology, and finance, these entrepreneurs offered candid perspectives that grounded the day’s broader themes in lived reality.
Among the most compelling presentations was a conversation with Michael and Jason Stier of Focus CFO, a father-and-son team who shared an honest account of the challenges and rewards of transitioning a business from one generation to the next. Their story illustrated both the complexity and the possibility inherent in thoughtful succession planning.
U.S. Bank concluded the event by presenting its full suite of wraparound services; spanning wealth management, lending, retirement planning, and relationship banking — demonstrating the breadth of support available to business owners at every stage of their journey.
Key Takeaways
The summit affirmed a central truth: building regional economic vitality is a shared responsibility. Attendees left with firsthand knowledge of Charlotte’s local economy and a clearer picture of the resources available to support business expansion and successful exits.
Perhaps most powerfully, the day reinforced that sunsetting a career does not have to mean sunsetting a business. With access to knowledge, capital, and a supportive community, business owners can chart transitions that create lasting value; for themselves, for their employees, and for the Charlotte region at large.
A collaborative initiative of NCGrowth and U.S. Bank Business Access & Wealth Management
