START HERE - SUCCESSION PLANNING
Equity management is a concept focused on helping practice owners monitor, protect, and realize the value of their life's work while providing for the long-term care and retention of the clients they serve. Most importantly, equity management transforms how investment professionals—and their broker-dealers view a practice—shifting from an employee mentality to a business ownership mentality.
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Short-Term Continuity Planning
Continuity planning lays the groundwork for a complete, long-term succession plan, and creates an excellent opportunity to partner with the next generation of investment professionals. This step of the equity management process creates an emergency plan that can retain the market value of a practice, and ensures that clients continue to be served in the event of an owner's death, disability, or premature retirement. We can assist you in short-range planning and execution via the following turnkey solutions:
Continuity Management Program (CMP)
The CMP program helps you prepare for the future with a partner, shareholder, employee or peer. Using our customizable form contracts, we’ll help you set up a continuity agreement, buy-sell agreement (for stock or assets), a right of first offer/opportunity, or an option to purchase, adaptable to your own circumstances.
Long-Term Succession Planning (for Retirement)
This step of the equity management process focuses on preparing for retirement and realizing the value of a lifetime of hard work. Whether you want to plan to sell to your employees, sell to a third party, or just wanted to explore your options, we can assist you in long-range planning and execution via the following turnkey solutions:
Comprehensive Transaction Support
If you are ready to transfer your practice to a new owner, the CTS program can help you complete your own deal using our extensive transition experience, form contracts and a unique non-advocacy approach.
Internal Succession Planning (ISP)
The ISP program is designed for situations where owners want to transfer their practice to an employee, a partner, or a son or daughter. We will provide you the information and expertise you need to create a plan that addresses everyone's needs and goals utilizing a Manual and an interactive, customized spreadsheet calculator.
Succession Management Program
FP Transitions offers the only complete succession planning solution in the industry: the Succession Management Program (SMP). The SMP includes a Comprehensive Valuation Report; a Succession Management Program Manual with over 200 pages of options, strategies and valuation information; formal continuity agreements (including the new Guardian Agreement and updated Cross-Purchase Agreements); an on-going Continuity Planning Profile backup listing; and time with FP Transitions consultants to explore the best succession plan for your practice.
Partial Book Open Market Listing
Need to concentrate on your top performing clients and streamline your practice? Sell part of your book on the open market. Simply fill out the listing form and begin to realize the demand and value the open market has to offer you.