FOR ADVISORS

ARE YOU SITTING ON ACRES OF DIAMONDS?

How Wealth Planners can help their clients and increase their assets under management

Right now, today, as you read this article you could be sitting on acres of diamonds … in the rough.   What do they look like?  They are your business owner clients who over the last 15, 20 or maybe 30 years have focused their life’s efforts on building a successful small business and are now ready to move on to the next chapter of their lives.  Are you positioned to help them make that transition? 

Current estimates suggest 10,000 baby boomers are retiring every day, and many of these are business owners.  Your business owner clients need a professional and effective solution for selling their businesses and freeing up their wealth, which you can provide. Here are some simple facts:

•    Every privately held business is either sold, passed on through inheritance or ceases to exist. 

•    According to a survey of business owners conducted by American Family Business, about 60% - 80% of a family’s wealth is tied up in their company.

•    Less than 10% of all businesses passed on to the second generation succeed and less than 4% survive the third generation.

 

Recognizing the huge opportunity this represents, many large banks, brokerage houses and accounting firms have established M&A practices in house to handle the sale of midsize businesses. 

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I'm a paragraph. Click here to add your own text and edit me. It’s easy. Just click “Edit Text” or double click me and you can start adding your own content and make changes to the font. Feel free to drag and drop me anywhere you like on your page. I’m a great place for you to tell a story and let your users know a little more about you.

This is a great space to write long text about your company and your services. You can use this space to go into a little more detail about your company. Talk about your team and what services you provide. Tell your visitors the story of how you came up with the idea for your business and what makes you different from your competitors. Make your company stand out and show your visitors who you are.

At Wix we’re passionate about making templates that allow you to build fabulous websites and it’s all thanks to the support and feedback from users like you! Keep up to date with New Releases and what’s Coming Soon in Wixellaneous in Support. Feel free to tell us what you think and give us feedback in the Wix Forum. If you’d like to benefit from a professional designer’s touch, head to the Wix Arena and connect with one of our Wix Pro designers. Or if you need more help you can simply type your questions into the Support Forum and get instant answers. To keep up to date with everything Wix, including tips and things we think are cool, just head to the Wix Blog!