Organizational Structure Organizational Structure

As businesses evolve they tend to move into a structure where value is attached to individual books rather than to the entity as a whole. To avoid this you need to set up a structure that is a business unit instead of just an accounting conduit. This webcast explains how improper structure can be dangerous for the ongoing growth of your business.

Business Growth  |  Compensation


Transforming Your Practice into a Business White Paper

Transforming Your Practice Into a Business

Building your business the right way is an important element to ensuring sustainability. Unfortunately, there are key elements many business owners forget to take into consideration – including compensation structure, equity pathways, cash flow, and entity set-up.

 

Business Growth  |   Entity & Business Structure  |   Internal Succession


Revenue Strength vs. Enterprise Strength Revenue Strength vs. Enterprise Strength

In this webcast we explores the differences between revenue strength and enterprise strength, and how each contributes to the value of your business. We explain how paying consideration to factors that drive both the cash flow and equity value of your business will keep your exit planning options open down the road.

Business Growth  |   Value & Benchmarking  |  Entity & Business Structure


3_pillars The Three Pillars of a Successful Advisory Business

FP Transitions President & Founder, David Grau Sr., JD, dives into the three pillars of a strong advisory business and explores how each one is integral to the ongoing growth and sustainability of the enterprise. Working on the foundations of your business is an integral process that both encourages and supports growth in a perpetual cycle of success and profitability.

Business Growth   |   Entity & Business Structure

 


_buildings_fromground Defining Your Enterprise: Taking Stock & Moving Forward

Whatever the goal, we have found a targeted terminology helpful for classifying and discussing financial advisory enterprises. It allows us to offer tailored advice to each and every client, and to be as precise as possible in addressing different areas of growth and sustainability. These industry-specific descriptions of "job/book," "practice," "business," and "firm" in this post are guides for determining where you are today, where you’d like to be five or ten years from now, and what will be required in the meantime.

Business Growth   |   Entity & Business Structure


Setting Up An Entity : Elections & TimelinesSettingUpAnEntity - RTT

In this Roundtable Talk, FPT experts Ericka Langone, JD, and Eric Fettig discuss the details of setting up (or restructuring) your entity to suit your business' unique situation, including: documentation, filing timelines, and key players in the process. They highlight the importance of proper entity elections to support your overall short-term and long-term business goals.  

 Entity & Business Structure  |   Tax & Regulatory Issues 


Bates4.pngRoundtable Talk - Benefits of Proper Entity Structure
EMS Exclusive Resource

FPT Experts Ericka Langone, JD and Eric Fettig discuss the benefits of proper entity, including liability protections, governance for business leadership and operations, structure and value for future ownership, and tax treatments that make sense for your specific enterprise.

Entity & Business Structure   |   Next Gen Tax & Regulatory Issues


8 Considerations for your Merger Strategy 8 Considerations for Your Merger Strategy

You and the rest of the ownership team have decisions to make about the merger process itself, as well as decisions to make about the business you’ll create.  These details should not be left for discovery and sorted out mid-process, but should be understood and planned for before implementing your merger strategy.

Business Growth   |   Entity & Business Structure

 


Setting Up the Proper Business Structure
EMS Exclusive Resource

Too many advisors focus on revenue strength as the sole measure of their success, but creating and building enterprise strength is just as important for growing value. Maximizing enterprise strength depends on the selection of the proper entity for your business, the proper organizational structure within that entity, and the proper compensation structure for the cash flow of that organization.

Business Growth   |   Entity & Business Structure  |   Compensation


The Built-In Gains Tax
Succession Management Exclusive Resource

As you choose the entity structure that’s right for your unique business and move to incorporate properly, one big consideration are the potential taxes that could apply when moving from a C-Corp to an S-Corp. In certain circumstances assets held by the C-Corp are subject to the Built-In Gains (BIG) Tax. This resource explores these circumstances and how to plan for them and their impact on your long-term plans.

Tax & Regulatory Issues  |   Entity & Business Structure


MergerBeyondNumbers_thumb Roundtable Talk - Mergers: Prepping Beyond the Numbers

Experts Rod Boutin, JD and Ericka Langone, JD explore preparation beyond determining value. They highlight the importance of reconciling the expectations and goals of all parties, the considerations that may warrant an assigned premium share value, and the benefits of a holistic approach to the entire merger process.

Business Growth    |   Next Gen    |   Entity & Business Structure


Bates4.pngGovernance & Control for Shifting Ownership 
EMS Exclusive Roundtable Talk

FPT transactions experts Rod Boutin, JD and Ericka Langone, JD discuss common areas of governance and control that many owners (existing and future) have concerns about during any (re)structuring or additions to the ownership of a financial services business.

Deal Structure & Documentation  |   Next Gen Talent

Revenue Splits are Not a Succession Plan Revenue Splits : Not a Succession Plan

Even with all the modern tools of practice valuations and equity management solutions, some financial advisors are still choosing to use revenue splits as a compensation structure and succession plan. As an independent financial advisory owner, this is a poor and shortsighted business decision for several reasons.

Internal Succession   |   Entity & Business Structure   |   Compensation


What are You Building? Ship vs. Liferaft - What Are You Building?

When it comes to understanding an "equity-centric" business model the structural details can be difficult to grasp. The parable of ship vs. liferaft will help to illustrate the problems many independent financial advisors face when trying to evolve their structures as they progress from a job to a practice, and ultimately, to a business.

Business Growth   |   Entity & Business Structure


Creating an Internal Ownership Track
EMS Exclusive Resource

Recruiting and developing a skilled team of advisors can be a daunting challenge for the owner of a financial advisory practice. Doing that, however, is only half the battle. Once you’ve chosen and trained your next generation how do you hold on to them? How do you keep them from opening up shop across the street? Create an ownership track and make the opportunity available to the best on your team.

Internal Succession  |   Compensation   |   Business Growth   |   Entity & Business Structure


Organization Growth - Client Success Story (Cornerstone Wealth) Organizational Growth - Client Success Story

Unexpected circumstances forced Floyd to quickly reduce his work hours at his firm, Cornerstone Wealth, from 45 to 20 hrs a week. Too young to retire, Floyd incorporated existing staff into the ownership structure to ensure his business not only survived, but thrived. In this client success story the team discusses the transition and their new ownership mentality.

Internal Succession  |  Next Gen Talent  |  Business Growth