I was in a conversation with a business owner recently, and I had to pause and take a deep breath after he spoke those relatively common words, “But my accountant said they provide exit planning.” After my discussion, he discovered that their adviser really is not an exit planner… just a great accountant.
Beacon, America’s Exit Planner®, became one of the pioneers of exit planning nearly a decade ago. Since then, we’ve discovered that while many advisers claim to be exit planners, they’re really transactional advisers. So allow me to shed some light from my experience as a retired business owner and certified planner.