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

Outsourced Social Media Marketing

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Blame it on 2008 or the handful of dishonest financial advisors out there, whatever the case may be, establishing trust between financial advisors and the general public through social media is important. It’s not simply about the bottom line, it’s about the human connection — genuinely helping people succeed and achieve financial freedom. “In a 2013 TIAA-CREF survey, almost half of the respondents, 48%, say that they do not know which sources of financial advice to trust.”

Through our proprietary prospecting and growth strategies we Expand your network on social media, connecting with clients and ideal prospects close to your office and leading more of these ideal prospects towards your content and social media presence, designed to Empower.

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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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Escrow for Financial Practice

Loan Escrow Service

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An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.

Escrows are very useful in the case of a transaction where a large amount of money is involved and a certain number of obligations need to be fulfilled before a payment is released. For example, the sale of a financial advisory practice often contains an attrition clause which requires certain metrics to be met before a portion of the purchase price is paid to the Seller. The funds necessary to pay the Seller are held in the Escrow Account and released upon the agreed upon transfer date. The Seller, upon the sale of the financial advisory practice, will know that the funds are available rather than wondering if the buyer has the funds.

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Turnkey Continuity Planning

Turnkey Deal Support Service

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Buying or selling a financial planning practice is one of the biggest transactions that one can make. Mistakes can be extremely costly, and all too often, the terms agreed upon have loopholes and shortcomings, leaving one or both parties vulnerable. Our professional team of experts is here to assist both parties in completing a fair and equitable arrangement. This package includes all steps from assessing the value of the practice, negotiating the deal, forming a transition plan, writing a legal agreement, and providing expertise and guidance along the way. Both parties will walk away with the peace of mind to know the deal was handled correctly.

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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.

Watch this short introduction video to our Advisor Legacy services
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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?

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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.

Watch this short introduction video to our Advisor Legacy services
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