Strategic Leadership

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Our Strategic Leadership package was designed to help the business owner navigate complicated decisions on an on-going basis. We pair you with one of our experienced Executive Coaches who will help you get very clear about what activities are important, and which ones can be delegated. The core of this service is a relationship in which your coach wants to understand your personal goals and priorities and will help you achieve your own personal definition of success.

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Operational Performance Package

Operational Performance

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Our Operational Performance package was designed for practices that need a little help getting organized. We help your team implement specific systems and tools to solve your biggest problem areas. Implementation of most solutions generally takes about six months.

Sometimes practices use the Operational Performance package as a way to get a head-start on goals they set following an In-Depth Practice Assessment.

Other times, practices engage with us for an Operational Performance package after triggering events such as:

• Integrating new clients who were recently purchased
• Defining roles and responsibilities following staff changes
• Implementing new technology to improve internal communication
• Transitioning clients to an AFA
• ...and many more

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Complete Practice Management

Complete Practice Management

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Our proven Practice Management systems are the backbone of success. Every aspect was designed to help financial advisors grow their businesses. Our Complete Practice Management solution gives your team the tools, implementation, and accountability needed to run a world-class financial advisory business. In turn, you will add value to your clients, create a scalable operation, and increase the value of your practice.

Our Practice Management team works with you and your team on an on-going basis. We train your staff using our proprietary systems to streamline workflow, set up model work weeks, and assist with the assigning of specific tasks. Key Management Group's practice management team frees you from the details of running your business and allows you to focus on growing your practice.

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Outsourcing - Case Preparation

Client Meeting Preparation

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Preparing for client meetings can be a difficult and time-consuming task. Unfortunately, many financial advisors conduct “just-in-time” client meeting preparation - sometimes while the clients are sitting in the lobby. This approach minimizes the opportunity for you to provide an exceptional client experience.

Partnering with KMG gives you the tools you need to create a more efficient and successful client-focused practice. Each meeting will be purposeful and organized, adding value to your clients' experience through better service. Our team provides you with everything you need for each individual client appointment.

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Outsourcing - Financial Planning

Financial Planning

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One of the most time consuming tasks within an advisor’s practice is the production of financial plans or written advice that is provided to the client. While software packages have become more user friendly and streamlined, the amount of time spent producing the financial planning continues to consume an enormous amount of time.

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Acquisition & Succession Consulting

Acquisition & Succession Consulting

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Navigating the complexity of succession planning issues can be a challenge. In addition to price, there are many more factors to consider when buying, selling, merging, or transitioning a practice. Our experts know exactly what steps to take to ensure a successful deal for all parties involved. Our Consulting service can provide you with guidance and support for all aspects of your transition.

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Turnkey Continuity Planning

Turnkey Continuity Planning

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 Recent studies show that as few as 17% of financial advisors have an actionable succession plan, and fewer than half have a continuity plan to protect their heirs in the event of their death or disability.

Given that one's financial planning practice is likely his/her largest financial asset, why would they not have a protection plan in place?

According to attorneys who work with business owners on succession planning, the five biggest obstacles are:

• Procrastination - finding the time to plan
• Failure to obtain the proper valuation of the business
• Failure to identify the succession team
• Failure to integrate the business succession with the estate plan
• Failure to plan for the 4 D's: Death, Disability, Divorce, or Departure

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Advisor Legacy Practice Sales

Advisor Legacy Practice Sales

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For most successful advisors, leaving a legacy is the most important aspect when selling their practice. While price and terms are important, the fit between buyer and seller is the paramount consideration. Advisor Legacy (http://www.advisorlegacy.com), a web application by Key Management Group, provides a comprehensive platform to find the best match between the buyers and sellers of financial advisory practices.

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HR Assessment

Comprehensive Human Resources Assessment

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The Comprehensive Human Resources Assessment is a full 360-review of your Human Resources practices based upon your state laws and federal laws governing employment. You will complete our comprehensive data gathering process about your current HR practices. We will identify any areas in which you are deficient or subjecting yourself to unnecessary risk. We then provide you with a written analysis as well as a phone consultation to review your results, make specific, actionable recommendations, and answer any questions that you may have about HR rules and policies.

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Recruiting

Recruiting Service

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Finding you the right fit for your organization is key to your success. Our HR experts can handle the difficult task of finding, interviewing, and placing the ideal candidate into your practice.

KMG will work with you to identify your needs, get your job posted, screen candidates, conduct background checks and generate offer letters for your selected candidate. We are confident in our ability to find and place the right person. This service comes with a 90-day placement guarantee.

Policy Manual and Employee Handbook

Employment Manual and Handbook

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Many advisors use out-dated employee handbooks and policy manuals, if they have one at all. Using out-dated documents can put you at risk of being in non-compliance with federal and state regulations. KMG will develop an appropriate policy manual and employee handbook for your organization. We will incorporate the ever-changing rules and regulations that govern these documents, and also ensure that you have the necessary documents posted in your place of work.

Orientation and Onboarding

Orientation and Onboarding

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Onboarding new hires at an organization should be a strategic process, everyone remembers their first day at a new job, good and bad. KMG will develop a systematic and comprehensive program that will integrate a new employee with the company and its culture, as well as getting the new employee the tools and information needed to become a productive member of the team. Employees will know what is expected of them and have a plan in place for their first several days of employment.

Policy Manual and Employee Handbook

Employee File Review

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There is so much confusion for advisors about what documents they must have for their employees, how long to retain these documents, how to store them, and also when/how to destroy them. With this service, KMG will do a complete review of your employee files to ensure compliance with federal and state laws. We will set up your files correctly so that documents are stored in the correct manner.

Benefits

Employee Benefits, Compensation and Incentive Structure

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Although it can seem expensive, there are many intrinsic benefits to providing your employees with a comprehensive benefit, compensation and incentive plan. For most, it is the ability to find and keep highly qualified staff that is the key driver. Whether your are hiring an unlicensed administrator, a fully licensed junior advisor, KMG will work with you to ensure that you are providing a competitive total compensation package to each of your team members.

Performance Reviews

Performance Reviews

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Traditional review systems can damage superior-subordinate relationships through a number of factors, including superiors basing their appraisals on recent performance while subordinates base their expectations on the entire year. Unlike these traditional appraisals, KMG will work with you to construct a comprehensive performance appraisal system that incorporates 360-degree feedback. This system is designed to foster an environment of teamwork and trust.

Terminations and Offboarding

Terminations and Offboarding

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KMG will work with you to properly document any actions leading up to an employee’s termination and will generate all necessary paperwork to complete the termination and off-boarding process. You will have the peace of mind in knowing that the process has been handled professionally and in compliance with all applicable laws for your protection.