Brand Velocity Group’s Post

I saw the article linked below today in the Financial Times about the need for PE to share the wealth with employees. I could not agree more with this sentiment! At Brand Velocity Group we pioneered the Share the Gains program, where we share 10% of our carried interest with the employees of our portfolio companies. Every single employee participates. This is the only program of its kind in the world where the general partner is sharing directly from its participation in the upside. This isn't just the right thing to do--to show gratitude for the people who create the value--but it is also good business. Employees who are appreciated and share in the upside are happier and more productive, which leads to better results. #privateequity #familyoffices #sharethegains #organizationalculture #kindnessmatters https://lnkd.in/eyQCYQxk

📊 Unlock Your Financial Future: Employee Benefits & SCHD 📈Did you know your employee benefits could be your ticket to building generational wealth? Let's talk about how savvy investing through your workplace perks can set you up for long-term success!🔍 Spotlight on SCHD (Schwab U.S. Dividend Equity ETF): • Currently trading around $75 per share • Upcoming 3-for-1 stock split on October 11, 2024 • Makes it more accessible for smaller investors💡 Pro Tip: If you owned 1,000 shares of SCHD now, you'd have 3,000 after the split!💰 Dividend Power: • SCHD's current annual dividend: ~$2.70 per share • With 1,000 shares, that's $2,700 in yearly passive income • Post-split: Same total dividend, just spread over more shares🏆 Employee Benefits Advantage: • Use your workplace savings to steadily accumulate SCHD shares • Benefit from potential price appreciation AND growing dividends • Reinvest dividends to compound your wealth over time🌳 Plant Your Family Money Tree: • Consistent investing can help you establish a family trust • Create a lasting financial legacy for future generations • Turn your employee benefits into a powerful wealth-building toolRemember, smart investing isn't just about today – it's about securing your financial future and potentially changing your family's trajectory for generations to come.Are you making the most of your employee benefits? Let's discuss strategies in the comments! 👇#FinancialEducation #EmployeeBenefits #InvestingTips #SCHD #DividendInvesting #WealthBuilding

Inheriting company stock can be both a blessing and a complex legacy. As we advise families on managing generational wealth, we often encounter the emotional bonds that tie them to a single stock. While it carries the history of your family's success, it's crucial to look beyond sentiment when securing your financial future. Navigating these waters requires sensitivity and expertise. At NewEdge Wealth, we provide both. If you're facing the challenge of a concentrated stock position and its implications for your family, let's talk. Together, we can ensure your family's wealth is a foundation for the future, not just a reflection of the past. Contact me at hgehring@newedgecg.com, and we can discuss. Learn more at: https://lnkd.in/gVQDEifi #NewEdgeWealth

📣 Hey G2 Advisors! Ready to take the next step in your career? 🪜 As an Exit Planner, I work not only with advisors preparing for retirement or an encore career but also with their successors. The healthiest succession plans happen when both founders and successors are happy, making the transition smoother for clients. 😊🤝 My advice? Don’t wait for the founder to start the succession conversation! You can ask: ❓ "What does the career track look like that leads to partnership?" ❓ "What is your Continuity Plan and how can we prepare our clients?" ❓ "Are you hoping for a phased retirement? I'd love to be a part of that transition." It might feel awkward to bring up these topics, but founders typically appreciate seeing their potential successors think like owners and step up to the plate. 💪 Need help navigating the Succession Plan? 🤔 We provide holistic Succession Planning support for advisors and their teams. Schedule a free consultation and we would love to help you make progress! 🚀💡 #SuccessionPlanning for #Advisors #G2Advisors #CareerGrowth

The Perks of Downsizing When You Retire [INFOGRAPHIC] #downsizing #emptynest #keepingcurrentmatters If you have questions, I'm ready to chat 847.471.1984

You’ve led a successful PE portfolio company exit. NOW WHAT? Life after being a CEO. We have witnessed the emotional crash after CEOs hang up their spikes. Over the past twenty-five years, we have noticed an almost universal issue among the CEOs we have coached. They are afraid of retiring because of boredom and not knowing what they would next do with themselves. Explore your options. https://lnkd.in/eQUhnmXS #centerforexecutiveperformance #PEportfoliocompany #CEOjourney #CEOretirement

In a family business, profit is much more. It is the fuel for growth and the necessary ingredient for liquidity. It is also intensely personal, as profit may be the source of a year-end bonus for an executive, a new machine for the production team, or payment for a daughter’s education when distributed to a shareholder. In fact, profit is so personal that our very relationship to money impacts how we view profit. For those who deeply value the prestige and power gained from wealth, there may be an intense drive to maximize profit so that large distributions can be made to support growing lifestyle demands and interests. For those who value work-life balance, there may be a desire to provide flexible schedules and support resources to company employees, even if it means less profit at the end of the year. Warning sign: Family members want predictability from the business: to know what can be expected in terms of profit use for dividends or distributions. They may perceive lack of sharing profits as being controlling and related to their family status. Parents who control ownership may fear too much profit being used as dividends to younger adult stockholders. Family members may judge other family members by how distributions from profit are used. In conclusion, mixing family and money in business can be confidently accomplished when families take the time to educate themselves on the concepts and key issues surrounding profitability, build forums to gain alignment on their goals Invest in knowledge today = Family unity  #FamilyFirst #EveryoneShares #SmartWayToProceed #Equality

Family businesses are currently undergoing a significant transformation. The retirement of business owners serves as a catalyst for second-generation owners to make critical decisions about the future of their businesses. On one hand, some successors feel overwhelmed by the prospect of taking over from where their parents left off and may consider selling the business at the earliest opportunity. On the other hand, there are siblings within the family who seize the opportunity to lead the business boldly, aiming for substantial growth and financial success. This juncture is akin to a ‘sliding doors’ moment—a pivotal choice that can shape the business’s trajectory. Emotional discussions about the next steps are common, but seeking external guidance can provide clarity and a vision for the future, both financially and emotionally. Having an objective perspective can help chart a path forward, ensuring that the business thrives and achieves its goals. #familyenterpriseadvisers #succession #nextgeneration

📣 Hey G2 Advisors! Ready to take the next step in your career? 🪜 As an Exit Planner, I work not only with advisors preparing for retirement or an encore career but also with their successors. The healthiest succession plans happen when both founders and successors are happy, making the transition smoother for clients. 😊🤝 My advice? Don’t wait for the founder to start the succession conversation! You can ask: ❓ "What does the career track look like that leads to partnership?" ❓ "What is your Continuity Plan and how can we prepare our clients?" ❓ "Are you hoping for a phased retirement? I'd love to be a part of that transition." It might feel awkward to bring up these topics, but founders typically appreciate seeing their potential successors think like owners and step up to the plate. 💪 Need help navigating the Succession Plan? 🤔 We provide holistic Succession Planning support for advisors and their teams. Schedule a free consultation and we would love to help you make progress! 🚀💡 #SuccessionPlanning for #Advisors #G2Advisors #CareerGrowth