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Family Business: Why Family Business Succession Fails (and How to Fix It)
AAB / Our Team / Jack Harcus
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Meet the Corporate Finance team
Family-owned businesses. Owner-managed businesses. SMEs.
Mergers & Acquisitions. Transaction Support. Financial Due Diligence. Business Valuations. Exit Planning.
Construction. Industrial. Oil & Gas. Energy. Food & Drink.
Jack Harcus is a Corporate Finance Assistant Manager, based in our Aberdeen office he supports business owners through some of the most important decisions they’ll ever make. From early-stage planning through to delivery, Jack plays a hands-on role across transactions, combining technical insight with a clear, practical approach that keeps clients informed and confident throughout the process.
Having joined AAB during his university placement year, Jack has grown his career within the Corporate Finance team since graduating from RGU. Alongside his ICAS qualification, he’s built strong experience across financial due diligence, valuations and transaction support. What matters most to Jack is understanding what each client is trying to achieve, then shaping advice that fits their goals, timescales and wider circumstances.
“For me, everything starts with getting a clear understanding of the client’s situation. That means having open conversations early on about goals, expectations and timing.
Managing expectations properly can prevent a lot of issues later in a transaction. I believe strong upfront planning and honest discussion lead to smoother processes and better outcomes. I aim to be clear, approachable and responsive, so clients always know where things stand and what comes next.”
I regularly work with colleagues across tax, business advisory and private client services to make sure advice is joined up. This is particularly important for family-owned businesses, where commercial decisions often overlap with personal planning.”
“One of the most satisfying parts of my role is building long-term client relationships. Even when plans change, the relationship doesn’t have to stop.
In one case, a client wanted to sell their business, but market conditions made that difficult. Instead of walking away, we worked together on alternative solutions, including an MBO and an EMI share option scheme with support from our tax team. That allowed shareholders to exit and the business to move forward. The client has since returned to AAB for additional advisory work, which is always a great compliment.”
Seeing clients come back or place their trust in us again is one of the most rewarding aspects of what I do.”
“There’s a common misconception that Corporate Finance is all about spreadsheets and reports. The technical analysis is important, but so are judgment, strategy and communication.
A big part of my role is helping clients understand the commercial context, assess risk and make informed decisions that shape the future of their business. That human element is what really adds value.
I believe my strengths lie largely in my communication. I work well cross-functionally across AAB, building important relationships with the team. For me, it’s important when we’re working collaboratively to deliver for a client to have those relationships internally as well as externally.
“I’m keen to keep developing, especially as technology continues to evolve. AI is already playing a bigger role in our work, and learning how to use it safely and effectively can create real efficiencies and better outcomes for clients.
What really stands out at AAB is the level of exposure you get early on. You’re trusted with responsibility and encouraged to learn as much as possible. That experience, combined with the support of the people around me, helps me grow and deliver better results for the clients I work with.”
I’m proud to be part of a firm that values hard work, resilience and collaboration, and that genuinely cares about helping people and businesses reach their full potential.”