Le Lézard
Classified in: Business
Subject: PDT

The AmeriFlex Group® Launches SuccessionFlextm, A Succession Planning Program for Seasoned Financial Advisors


LAS VEGAS, Nov. 18, 2021 /PRNewswire/ -- The AmeriFlex Group®, a rapidly growing, advisor-owned hybrid RIA that puts financial planning first, today announced the launch of SuccessionFlextm, an innovative program aimed at mitigating some of the risk and uncertainty around succession planning for financial advisors planning to retire within five years.

Through SuccessionFlextm, advisors authorize a succession and continuity agreement that includes an option, before retirement, to sell 30% to 40% of the current revenue stream to The AmeriFlex Group® with no minority ownership discount. No equity changes hands at the time of the agreement, and the only requirement is that the advisor remains affiliated with AmeriFlex. Advisors can agree to sell to either AmeriFlex or to another AmeriFlex partner advisor.

Thomas Goodson, President & CEO of The AmeriFlex Group, said, "SuccessionFlextm enables advisors who are contemplating retirement in the next five years the opportunity to proactively get ahead of succession planning, with a partner in the AmeriFlex Group that is invested in and committed to their continued success and business growth."

SuccessionFlextm was created by Mr. Goodson and his senior leadership team in collaboration with strategic advisor Larry Roth, the former Cetera and Advisor Group CEO and Managing Partner of RLR Strategic Partners, a boutique M&A and strategic advisory firm.

Mr. Roth said, "This innovative program adds an interim step to the traditional succession process, enabling advisors to take some money out of the business while maintaining their stake in it, all while giving them, their families and their clients security during a period of transition."

Mr. Goodson concluded, "For many advisors, their business is their nest egg. The years leading up to retirement can be a fraught time, when any number of unexpected factors could disrupt their journey ? health emergencies and economic downturns, just to name two. SuccessionFlextm provides advisors financial flexibility and much-needed peace of mind as they navigate their own path towards retirement and succession."

About The AmeriFlex Group:
The AmeriFlex Group® is recognized as The Home for Hybrids® (www.HomeForHybrids.com) - BD/RIA Transitional Wealth Plannerstm (financial advisors). The RIA is owned-and-operated by its advisor members and partners. Securities offered through SagePoint Financial, Inc. (SPF), member FINRA/SIPC. Investment advisory services offered through The AmeriFlex® Group, an Independent Registered Investment Advisor. SPF is separately owned and other entities and/or marketing names, products or services referenced here are independent of SPF. Insurance is offered independent of SPF. 8485 W Sunset Road, Suite 204, Las Vegas, NV 89113

Media Contact
Haven Tower Group
Andrew Wang/ Donald C. Cutler
424.317.4859/ 424.317.4864
[email protected]/ [email protected]

 

SOURCE The AmeriFlex Group


These press releases may also interest you

at 09:30
Connolly Brothers Inc., a construction management firm serving private commercial, industrial and institutional clients, recently completed a 52,000 square-foot design-build fit-up project for Calare Properties. The facility, located in Milford, MA,...

at 09:30
Policybazaar, India's leading online insurance marketplace, is witnessing a significant increase in non-resident Indians (NRIs) choosing term insurance from India via its platform. This surge is driven by the unparalleled ease, benefits and...

at 09:27
My Daily Leadership, a pioneering leadership development company, has announced the launch of its proprietary Leadership Assessment tool. Designed to help leaders benchmark themselves against top leaders across the globe, the assessment helps to...

at 09:20
This strategic move...

at 09:07
Olympus announced today that it has been awarded a contract for its advanced energy portfolio by Provista Inc. This new, nationwide agreement provides Provista members with negotiated pricing for Olympus® energy products, including the...

at 09:05
Popular, Inc. announced today that it expects to report its financial results for the first quarter ending March 31, 2024, before the market opens on Tuesday, April 23, 2024. Popular will hold a conference call to discuss the financial results the...



News published on and distributed by: