Succession Planning (PRISM)

Who will take care of your clients when you are gone?  Will your family receive fair value for your life’s work?  Do you have a succession plan that will satisfy regulators?

Let’s face it: You’re not getting any younger, and your clients know it.  Unfortunately, there is a good chance you don’t have a legitimate succession plan in place to ensure that both your clients and your family are cared for in your absence.

We can help! PRISM is Pinnacle Advisor Solutions unique succession plan that fixes a value to your firm that can be exercised upon death, disability or voluntary retirement, but which is also revocable at any time.  You can maintain your independence and business flexibility while still enjoying the peace of mind that comes from having a succession plan in place.

Protect Your Family.  Your family may not be very familiar with your practice, and may not know how it runs or what it’s worth. Why not free them from the burden of having to learn all of that while also helping to ensure their financial well-being should something happen to you?

Protect Your Clients.  Clients want to be secure in this uncertain economic environment, and you need them to feel as safe with you as they would with a larger institution. Put their minds at ease by establishing a continuity plan upfront.

Satisfy Regulators.   Regulatory authorities plan to audit independent advisors more frequently.  Early returns tell us they are more focused on exit planning than in the past.  Do you have a plan that will satisfy them?


Introduction to PRISM
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Inside Information by Bob Veres
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