In addition to ESOPs and rollups, Cendrowski Corporate Advisors’ tax specialists can also assist with generational management buyouts from past ownership to new company owners or middle management using tax-efficient strategies, including compensatory transfers like non-qualified stock options and carried interests.
Cendrowski Corporate Advisors has assisted businesses with tax-efficient “nonqualified” deferred compensation strategies, i.e., plans other than IRAs or 401(k)s. We have collaborated with counsel in developing plans which meet the qualifications of IRC 409A compliance in order to avoid the excise tax levied on plans that fail to comply with the rigors of section 409A compliance.
Client Success Story: Creating a Tax-Efficient Stock Acquisition Program
Cendrowski Corporate Advisors was engaged by a professional services firm to establish a succession plan for the middle management of the company, who were to acquire the interests of the senior management shareholders. Along with corporate counsel, our team developed a tax-efficient stock acquisition program. The management buyout plan, which included assistance locating alternatives to seller financing, served as the basis for transitioning ownership of the professional services firm from one generation to the next.
Who Should You Hire First? A Strategic Approach to Scaling a Family Office
One of the most important decisions in scaling a family office or growing organization is often underestimated: Who should you hire first? Many leaders default to hiring for immediate needs — filling operational gaps, addressing urgent issues, or reacting to growth pressures. While this approach may provide short-term relief, it frequently introduces structural inefficiencies […]
Don’t Hire for Today’s Problems: How the Right First Hire Shapes a Family Office
As family offices grow, hiring decisions become increasingly important — and increasingly strategic. One of the most common mistakes is hiring to solve immediate problems rather than planning for long-term scale. At first glance, this approach seems practical. Operational gaps need to be filled. Issues need to be addressed. But hiring reactively can create […]
Why 90% of Family Wealth Disappears by the Third Generation
Why 90% of Family Wealth Disappears by the Third Generation There is a statistic frequently cited in wealth management: nearly 90% of family wealth is lost by the third generation. The assumption is often that poor investment decisions are to blame. The issue is rarely financial performance. More often, it is a failure of preparation. […]