SRG has the experience and resources to help create a plan to ensure your clients are taken care of, preserve the business and value you have worked so hard to build, and protect your beneficiaries in the event something should ever happen to you. Whether you are creating a contingency plan with a peer to sell the business at the time of your passing or disability, do not have a contingency partner, or creating a written plan amongst partners, or key professionals inside your company, we can help create a turnkey solution leveraging our years of experience, industry-specific form agreements, and strategic planning resources.
Our team of experts will help you make every decision with full information. We will consult with you on the most effective ways to create a plan designed to provide a smooth transition and obtain maximum value in the event of your death, disability, loss of license/registration. Every RIA and advisor affiliated with an IBD (independent broker-dealer) should have a plan/strategy, yet so few do.
We will leverage our library of form contracts to ensure you complete your plan using best inclass resources that have been field tested to ensure they work. We will provide industry-specific, customized form agreements, then coordinate with your professional counsel to ensure you are well advised should the agreement need to be used in your absence.
The final step after signing an agreement is to ensure you take proper steps to support the plan. We have detailed checklists and sample letters to use/follow to ensure a transition will be smooth and not the typical “fire sale.”
Great experience, very thorough and customized solutions for my succession planning and entity needs. Thank you!
Everything about this project went completely as anticipated. The only reason it took as long as it did to complete was due to changes in my practice that I had to deal with before consummating the Contingency Agreement. I look forward to working with SRG in [the future].
It was very nice to work with David, Nicole and SRG. I look forward to discussing other related issues regarding my practice in the future!
I received a lot of value going through my appraisal and contingency planning process with SRG. I didn’t have to search for a lawyer separately to set up a contingency agreement following the appraisal and pay them to figure out my business. I got a compressive service from SRG and it was a great experience. I recommend SRG to any financial advisor who is looking at getting their practice appraised and needing to set up a contingency agreement.
Your [contingency plan] service has been professional, helpful and efficient. The process was much easier and less time consuming for me than I expected.
My interest in needing SRG was putting together a servicing agreement, with an option to purchase my practice contained within the contract. David Grau Jr. and his team were very helpful and patient with the entire process. All questions, concerns, and suggestions were handled with the utmost of care. I wouldn’t hesitate going back to SRG for anything else I may need in the future.
The streamlined process assisted my partner and I to evaluate our practice versus our peers in structure and process. This assisted us to work on ways to increase the value of our practice. After the valuation of the practice we expressed our concerns of the lack of contingency plans for our practice. Within a couple of interviews and revisions the contingency plans were complete, now our practice succession plan is in a place that protects the partners, staff, families, and the clients was complete.
I feel confident in your ability to protect my wife’s interest in my absence. She no longer worries about having to sell the practice on her own and for which she is not equipped to do.