Wealth Management EDGE’s Post

HUGE Congrats to Sean Howe, CFP® CEPA® on making AdvisorHub's list of 1000 Advisors to Watch! In case you've ever been curious about what type of leader Sean is, here's a quick anecdote: The announcement of the list came out on Thursday. I was attending a business education course all week (more on the that in another post) so didn't really have a chance to dig in - but got the notification I made the Next Gen list and was PUMPED! Sean texted me about 10 minutes later to let me know I made it. High five moment. The NEXT DAY, I'm catching up on everything from the week and realized "OMG Sean made the list of Advisors under $1 Bil!" Here's the text exchange: Me: "OMG did you know you also made the list?!" Sean: "Yup!" Me: "Why would you not say anything?!" Sean: "Bc that was your moment!" So - if you can please join me in Congratulating Sean and Celebrating HIS moment, I'd really appreciate it. Thank you to our teammates Gary Cundall and Xavier M. who support us and our clients each and every day. https://lnkd.in/eZTNM35X The 2024 AdvisorHub “Advisors to Watch” award was announced June 2024. Data as of 12/31/2022 and 12/31/2023 was provided and considered for this award. The ranking recognizes advisors across the country for their quality of practice, professionalism, character and community involvement. Criteria considered included: assets under management, production/revenue, team size and more. The financial advisor does not pay a fee to be considered for or to receive this award. This award does not evaluate the quality of services provided to clients. This is not indicative of this financial advisor’s future performance.

Congratulations to Mark J. Rogers, CIMA® and Gary W. Jbara, CIMA®, CRPS®, CRPS® for being recognized as two of Barron's Top 1,200 Financial Advisors for 2024! We could not be prouder to have such talented individuals representing our team and redefining industry standards for success. The ranking is based on data compiled by Barron's from September 2022 to September 2023. Check out the link to learn more about this prestigious award. #BarronsTopAdvisors #FinancialAdvisors #IndustryLeaders #MorganStanley

Vision: A vision statement defines our future aspirations and what we aim to achieve. At The IFA PA, we are a well-known and established specialist provider of virtual administration services for regulated Financial Advisers and their teams. We're here to support you every step of the way! Does our Vision Statement resonate with you? We would love to hear what the Vision Statement for your business is. Comment below to help inspire others! #VisionMissionCulture #FinancialServices #FinancialAdvisers #WorkCulture #CoreValues

Great article posted by Cornerstone Advisors - Ensure You'll Endure™ today. This article covers a strategy that helps UHWN and HNW individuals transfer wealth. The next couple of years are going to be extremely busy in the estate planning world. If you have questions on the GRAT enhancement Strategy send me a message and let's chat. #wealthtransfer #estateplanning

Hey, Hey! Celebrate with us! Plante Moran Financial Advisors is honored to announce that we’ve ranked No. 28 on the Top 100 RIA Firms for 2023 by Barron’s! Learn more here. #plantemoran #wealthmanagement

Understanding your business's market value is key to strategic planning and informed decision-making. Our Opinion of Value service isn’t just about numbers; it's a comprehensive assessment that reveals the financial health and potential of your company. With Meritus Group's expert valuation, you’ll gain valuable insights into how to increase your business's worth and prepare for future opportunities. Let’s uncover the factors that truly drive your business value today! 📞 (605) 252-9520 📧 INFO@MERITUS.GROUP #OpinionOfValue #BusinessAssessment #FinancialInsights #ValueEnhancement #MeritusGroupAdvisory

It is a pleasure to hear such kind words from you, our clients on their experience with us. At Stratus Financial Partners we're working to make the world a better place one policy at a time. #ClientReview #InsurancePolicyReview

Understanding your business's market value is key to strategic planning and informed decision-making. Our Opinion of Value service isn’t just about numbers; it's a comprehensive assessment that reveals the financial health and potential of your company. With Meritus Group's expert valuation, you’ll gain valuable insights into how to increase your business's worth and prepare for future opportunities. Let’s uncover the factors that truly drive your business value today! 📞 (605) 252-9520 📧 INFO@MERITUS.GROUP #OpinionOfValue #BusinessAssessment #FinancialInsights #ValueEnhancement #MeritusGroupAdvisory

🌟 Feedback Friday 🌟 It's that time of the week when we celebrate the incredible feedback from our wonderful clients! 💬💼 💡 We are truly grateful for these kind words, and they inspire us to keep delivering excellence in our services. Thank you to all our amazing clients for choosing us as your trusted financial partners! 🙏 #FeedbackFriday #ClientTestimonials #HappyClients #FinancialSuccess #TrustedAdvisors #ExpertAccountants #CustomerAppreciation #BusinessGrowth #FinancialServices #CobbleAccountants

🔔⏰Business Owners🔔⏰ Planning for Succession or Sale -- Aim for a "Retirement Zone" instead of a fixed date. -- Sell earlier rather than later to avoid risks. -- Larger deal flows are slowing, but operating business cash flow often exceeds post-sale income. -- Start early and consider the emotional impact of selling. Acquirer and Lender Perspectives -- Importance of owner's role and their replacement. -- Future business prospects outweigh past performance. -- Strong management teams & understanding customer concentrations. -- Sellers retaining some ownership is preferred. -- Recurring revenue is more valuable than project-based income. Current Market Conditions: -- Strong Middle Market deal flow; Wall Street deals down. -- High demand for quality companies despite economic challenges. -- Many owners exiting due to COVID-19 impacts and staffing challenges. -- Increasing use of Seller Notes and Earn-Outs in transactions. Engaging Advisors: -- Complexity of succession planning requires experienced advisors: M&A advisors, financial planners, attorneys, accountants. -- Choose advisors for expertise, not just long-term relationships. Estate Planning Considerations: -- Anticipate changes in estate tax thresholds by 2025. -- Consider residency in low-tax states before selling. -- Utilize low-risk tax strategies for seller and family benefits. Start planning your business transition now for a smoother, more rewarding journey ahead! 🚀📈 CC: Jim Baich - Taylor Materna - Carter Ruml - First Financial Bank - Mad Capital - Yellow Cardinal Advisory Group #successionplanning #businesstransition #mergersacquisitions #businessadvisory #commercialbanking