Opportunities for topological phase transitions in strongly correlated Fermi systems near a quantum critical point are explored as an alternative to collective scenarios for experimentally observed departures from standard Fermi-liquid behavior. Attention is focused on a quantum critical point at which the effective mass is divergent due to vanishing of the quasiparticle group velocity at the Fermi surface. Working within the original Landau quasiparticle theory, it is demonstrated that the quasiparticle picture can remain meaningful beyond the quantum critical point through rearrangements of the unstable normal Fermi surface and quasiparticle spectrum. Two possibilities emerge at zero temperature, depending on whether the quasiparticle interaction is regular or singular at zero momentum transfer. In the regular case, one type of topological phase transformation leads to a state with a multiconnected Fermi surface. In the singular case, another type of topological phase transition leads to an exceptional state containing a fermion condensate – the Fermi surface swells into a volume in momentum space, within which partial occupation prevails and quasiparticle energies are pinned to the chemical potential. As the temperature increases from zero to a characteristic value Tm, a crossover can occur from the state with multiple Fermi surfaces to that containing a fermion condensate.