Transition & Breakaway Services

Strategic Transition Planning

Transferring your business is probably the biggest deal of your life. Yet many small business owners have no strategy for such a change. And that can be a critical mistake. A Business transition lawyer helps you to go through some important things to include in a smart, successful organizational change management process and plan.

A number of complex steps must be taken, whether you are starting your own business, switching from one firm to another, or changing your organization’s business model. The qualified team at MAH offers strategic advice on corporate and regulatory matters to help you achieve your short-, medium-, and long-term business goals.

Family Office Advising

Under the Dodd-Frank Act, promulgated on July 21, 2010, the Securities and Exchange Commission (SEC) requires that certain advisers providing family office counsel services register as investment advisers if certain exemptions are not met. The professionals at MAH can answer your questions and guide you through the SEC regulations governing family office services.

For clients transitioning to a new business or splitting off, Transition and Breakaway lawyers at MAH can specifically address a number of areas, including:

  • Advice on any path, including:
  • Advisers breaking away
  • Firms and Advisers that join merge with, or purchase a new company or business assets (asset purchases)
  • Advisors starting their own businesses
  • Advisers selling a practice/planning succession
  • Governance and corporate structure
  • Registration as a broker-dealer or investment adviser
  • Regulatory filings necessary for the company
  • Employment transitions and licensing
  • Business plan formation and review
  • Formation of a business entity (LLC, Corporation, etc.)
  • Considerations for FINRA and SEC regulatory compliance
  • Examine and analyse current employment agreements and contracts
  • Advice on protecting confidential information and marketing to previous clients
  • Examining private fund and family office exemptions
  • Client documentation creation (including new account forms, investment policy statements, client agreements & financial planning contracts)
  • Making policies and procedures for a new independent practice, including internal controls
  • Client disclosure document creation (Form ADV, offering memorandum, marketing piece disclosures, client performance reports, etc.)
  • Testing required for the compliance program
  • Legal advice on state and federal securities laws, rules, regulations, and requirements
  • Transition procedures for transferring client accounts to the new entity

For additional help or information related to Securities and Financial Industry services, talk to the team here at MAH Advising LLC. Our transition breakaway advisors have very good experience in helping with the legal issues related to Transition & Breakaway Service.