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There is so much to consider with an agency perpetuation plan: agency value, buy/sell agreement, agency ownership, internal, external, planned retirement, sudden death, and they are all important to prepare for as part of the plan of the agency life cycle.

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Perpetuation Related Articles from the Big "I" Virtual University

Highlighted articles are listed below.  Additional information can be found by using the search this site box at the top of the page and entering the word "perpetuation"

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Additional Articles 
More Information To Aid Your Planning Process

 Links provided courtesy Reagan Consulting, Inc.

Links provided courtesy InsurBanc

 

Perpetuation Consultants
Guidance to take you to the next level of planning


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Top Five Challenges For Agents 
  
In agencies with revenues 2.5-5.0 million their #5 issue was "Perpetuation planning."
 
In agencies with revenues 5.0-10.0 million their #1 issue was "Internal Perpetuation."
 
In agencies with revenues 10-25.0 million their #1 issue was "Perpetuation planning to ensure continued private ownership."
 

 
Perpetuation planning is a significant challenge as some firms are struggling to balance the financial demands of funding perpetuation while also trying to grow. As expressed by one
executive, buying out older partners is “constraining our investment capital and costing us opportunities we could be taking advantage of right now in the marketplace.”