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Posted by Stuart Smith, JD on September 30, 2020
Benefits of Synthetic Equity for Next-Generation Owners
The term “synthetic equity” refers to a set of compensation tools that is commonly used to provide key employees some of the economic benefits of ownership without actual stock changing hands. While existing owners may benefit from synthetic equity...
![Remodeling Cash Flow [Article]](https://www.fptransitions.com/hs-fs/hubfs/Resource_Files/Resource-graphics/Remodeling%20Cash%20Flow%20Article/remodeling-cash-flow_featured.jpg?width=458&height=280&name=remodeling-cash-flow_featured.jpg)
Posted by FP Transitions on September 10, 2020
Remodeling Cash Flow [Article]
There are two ways to make money from a financial services business: wages and profit distributions. But, there are four ways to build wealth from the same model:
- Wages (including bonuses)
- Profit distributions
- Equity income selling equity
- Equity...
Posted by FP Transitions on July 20, 2020
Don't Forget to Take a Vacation!
I recently checked in on a client and she mentioned that she had to remind her staff to take vacation. As a small business owner, she wears many hats including H.R. As she processed payroll week after week she noticed her staff wasn’t requesting...
Posted by FP Transitions on July 16, 2020
The Four Greatest Opportunities for Financial Advisors
Today’s Independent financial advisors face an endless array of challenges and opportunities. Identifying challenges before they arise is key for finding solutions and developing strategies for tackling the issues that present the greatest...
Posted by Marcus Hagood on April 1, 2020
Controlling What You Can, Learning From What You Can’t
“Instead of focusing on the circumstances that you cannot change—focus strongly and powerfully on the circumstances that you can.” –Joy Page
One of my favorite movies of all time is Casablanca. This 1942 American romantic drama is revered for its...
Posted by FP Transitions on February 21, 2020
Financing for Successors
Your principal advisor has invited you to become an owner. Congratulations! The majority of next-generation advisors are energized by the demand for and the opportunity of succession planning, but most founders are stalled leaving successors...
Posted by FP Transitions on November 7, 2019
Elevating a Legacy : A G2 Success Story
In our first book “Succession Planning for Financial Advisors,” founder David Grau Sr., JD recounted one advisor’s early succession journey, including his ownership team’s bumps and triumphs as they executed the first tranches of their plan. Today,...
Posted by FP Transitions on October 23, 2019
Next-Gen Impact
The sustainability of financial services businesses depends on the incorporation of new talent. The demand for next-generation talent continues to increase as longevity, continuity, and staying competitive become top priorities for many financial...
Posted by FP Transitions on October 10, 2019
FPT in the News - Journal of Financial Planning: Lay the Foundation for the Next Generation of Ownership
In the October 2019 issue of the Journal of Financial Planning, FP Transitions' Christine Sjölin, VP of Strategic Development and Operations, contributed her article "Lay the Foundation for the Next Generation of Ownership." The article discusses...
Posted by FP Transitions on October 8, 2019
Entrepreneurs Need Intrapreneurs
We all know what an entrepreneur is. Many independent financial advisors would likely identify themselves as an entrepreneur.
Many entrepreneurs worked 18-hour days to get their business off the ground and wore all the hats in the company–CEO,...
Posted by FP Transitions on September 27, 2019
Plotting Your Exit
When should you start developing your exit plan or succession plan?
The short answer is: start the planning process early. Successful internal succession planning can be a 10- to 15-year process so give yourself adequate time. For advisors who want...
Posted by FP Transitions on September 13, 2019
FPT in the News - The New York Times : Wealth Advisory Firms Are Merging, but What’s in It for Clients?
FP Transitions CEO, Brad Bueermann, weighs in on the "trend" of consolidation among wealth management firms in Friday's New York Times Article, "Wealth Advisory Firms Are Merging, but What's in it for Clients?" by Paul Sullivan. Experts share...