Every industry has its own nuances. We take that into consideration and approach business solutions with the specific lens required of your field. Our teams are comprised of talent with relevant experience and we’re prepared to meet every challenge.
Join us for a special live recording from the ONE building in downtown Greenville, SC, as we celebrated our 400th episode with a live audience!
AI and fraud risk management in financial processes: Rethinking internal controls
Learn how stronger internal controls, AI governance, continuous monitoring, and fraud risk management help organizations prevent, detect, and respond to emerging threats.
Inside the Psychology of the Presidents Cup
In this week's Growth Spurt, Dr. Drew Brannon takes us inside the Presidents Cup, breaking down the unique formats, traditions, and team dynamics that make the event so compelling.
Driving enterprise value in construction: A practical framework for owners
Learn the five drivers of construction enterprise value and how owners can increase valuation, reduce risk, and prepare for succession or sale.
The Cost of the Wrong Hire
A bad executive hire costs far more than a salary; it can erode culture, stall momentum, disrupt strategy, and create a ripple effect throughout an organization.
Every industry has its own nuances. We take that into consideration and approach business solutions with the specific lens required of your field. Our teams are comprised of talent with relevant experience and we’re prepared to meet every challenge.
Join us for a special live recording from the ONE building in downtown Greenville, SC, as we celebrated our 400th episode with a live audience!
AI and fraud risk management in financial processes: Rethinking internal controls
Learn how stronger internal controls, AI governance, continuous monitoring, and fraud risk management help organizations prevent, detect, and respond to emerging threats.
Inside the Psychology of the Presidents Cup
In this week's Growth Spurt, Dr. Drew Brannon takes us inside the Presidents Cup, breaking down the unique formats, traditions, and team dynamics that make the event so compelling.
Driving enterprise value in construction: A practical framework for owners
Learn the five drivers of construction enterprise value and how owners can increase valuation, reduce risk, and prepare for succession or sale.
Leaders of a professional services firm asked Elliott Davis: “Can you advise on key areas to help our new organization run smoothly now and help prepare the future generation of leadership for success?”
Context
Five key advisors from a large financial services firm based in the Southeast sought to form their own financial advisory organization
Three of the partners were nearing the end of their careers
All leaders sought advice on setting up the independent firm for success
Our Approach
Provided advisory support in establishing appropriate infrastructure for the new organization
Specifically focused on educating advisors on best practices for the following areas:
Organizational / tax structure
Governance
Role clarity
Compensation
Succession planning
Client Impact
Conducted workshops on defining partners’ and supporting management roles to alleviate potential future tensions
Developed a succession plan for the smooth transition to the next generation of leaders
Elliott Davis tax team also provided assistance in structuring the organizational for the most advantageous tax position
We Can Help
For more information on how Elliott Davis can assist you and your business, contact a member of our team below.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.
