We offer a consulting service where you get the most out of your business. Our clients are guided through either one or both of these succession plans based on their specific needs:
Some businesses may need both and at Perpetuity, we ensure that your business gets the correct solution through a tailored succession plan that is tangible and adds value to your organisation.
Should not just be a compliance tick box since there are many stakeholders impacted by this important decision and the sustainable continuity of the business.
Proper succession planning therefore ensures that your estate/heirs obtain the full value of your business and reap the rewards you built up as part of your legacy. With Perpetuity you can ensure that your clients are well looked after and that your legacy is never forgotten.
● Happens at any time upon emergency (premature death, disability, injury or other circumstances resulting in you not able to continue your practice)
● Sound and fair client transition/transfer
● Requires a competent, compliant, trustworthy successor who has the capacity to look after your client base and has the same advice philosophy
● Transition process: immediate
● Requires legal contracts to be in place with agreed:
◘ Take-over processes (role changes etc)
◘ Value of the business
● Payment process to be finalised
● Important for ALL business to have this type of Succession Plan.
● Happens at retirement / When you want to sell due to scale and red tape
● Usually happens after 20-35 years / 10-15 years
● Sound and fair client transition/transfer
● Requires a competent trustworthy long-term successor
● Transition process: 1 – 5 years
● Flexibility is key
● Value your business
● Sell when your business is doing well (maximise value)
● Payment process to be finalized
Succession planning should start now.
We consult to short-term insurance brokerages and investment/life insurance advisory business owners. We offer bespoke consulting services for every unique business. We ensure that every transaction is as cost and tax-efficient as possible. We ensure underlying client bases are not negatively impacted by succession transactions. As actuaries, we will value businesses to maximise owner value. We also structure it in such a way so that the seller’s heirs or estate receives this liquidity nullifying the ne
