Questar Capital Partners is now positioned to share their experience with others
Sanctuary partners to provide an innovative legacy/estate planning tool
INDIANAPOLIS, November 22, 2022 /PRNewswire/ — Questar Capital Partners, a partner firm of Sanctuary Wealth, has decades of experience using a three-pronged approach that combines financial planning, estate planning and philanthropy to help business owner clients plan their exit strategies, with the use of Employee Stock Ownership Plans (ESOPs). Now, Sanctuary partner firms can take advantage of Questar’s expertise to help their business owner clients unlock and monetize the value of their business while minimizing taxes and preserving ownership for valuable employees and family. The offering is available to advisors on the Sanctuary platform as part of Sanctuary’s suite of Business Owner Solutions and Executive Services designed to help drive growth for its partner firms.
“My partner, Richard Reyle, and I built our business working with middle market business owners. When it comes to exit strategies, we’ve found Employee Stock Ownership Plans to be one of the most effective succession and retirement planning tools available to us. For owners looking for a tax-efficient way to unlock liquidity while maintaining control of their business, an ESOP is an excellent avenue they should explore in the exit process,” he explained. Gerry SpitzerCPA, CPWA, CEPA, CRPC, Founding Partner, Questar Capital partner. “We are completely independent, which sets us apart from the big banks, and we are uniquely qualified because we have a deep understanding of what business owners need in terms of estate planning and investment strategies. going out of business. Being part of Sanctuary allows us to leverage Sanctuary’s independent Capital Markets Board, which will result in better pricing and investment flexibility for our ESOP clients.”
At Questar Capital Partners, Gerry Spitzer focuses on all aspects of private wealth management, including investments, multigenerational estate planning, tax planning, insurance and charitable giving. He specializes in working closely with private business owners, advising them on succession planning, liquidity needs and employee stock ownership plans (ESOPs), and is a member of the ESOP Association. The personalized financial solutions and long-term planning Gerry provides to families and business owners include asset management and tax minimization. In addition to being a CPA, he holds the designations of Certified Private Wealth Advisor, Certified Exit Planning Advisor and Retirement Planning Advisor.
“Sanctuary Wealth is committed to the continued evolution of our platform and the expansion of planning and investment solutions for our advisory partners,” said Jim DixonCEO and Founder of Sanctuary Wealth. “ESOPs are an underutilized planning tool that allows a business owner to reap some of the cash benefits of a sale while still retaining control of their business. Gerry Spitzer at Questar Capital leads a team of experts with unique skills in maximizing the benefits of an ESOP for its clients. We have now asked him to share his knowledge and experience with our other partners for the benefit of their customers.”
“ESOPs are a win/win for the business owner and their employees, but it is a vehicle that is drastically under-traded and as a result, not one that many business owners, or even advisors, are interested in. aware,” Spitzer continued. “We look forward to working with other Sanctuary Wealth partners across the country to bring this important exit planning tool to a much wider audience.”
About the wealth of the sanctuary
Sanctuary Wealth (sanctuarywealth.com/) is the advanced platform for the next generation of elite advisors who have the entrepreneurial spirit to build and own their own practices and desire the freedom to provide the tailored service their clients deserve. Sanctuary Wealth’s ecosystem of partnership independence provides a complete technology and operations platform, as well as support from a community of like-minded advisors and invaluable related business resources. Currently, the Sanctuary Wealth network includes partner firms in 28 states across the country with approximately $25 billion in assets under advisement. Sanctuary’s assets include wholly owned subsidiaries; Sanctuary Advisors LLC, an SEC-registered investment adviser, Sanctuary Securities, Inc. a member broker-dealer of FINRA as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global and Sanctuary Global Family Office.
SOURCE Sanctuary Wealth
