Jesse Kurrasch is chief operating officer at The AmeriFlex Group.
The AmeriFlex Group, an advisor-owned hybrid RIA firm, announced last week the national rollout of its SuccessionFully succession platform.
The platform combines deal structuring, marketplace access and continuity planning in one system, according to a statement.
Key features include personalized consulting, valuation services and financing options; partial liquidity without a full exit; earlier successor integration; immediate continuity support; and post-succession structured client communication, defined asset transition timelines and coordinated service models.
In January, Cambridge Investment Research announced its decision to take a strategic minority stake in AmeriFlex, with the stated goal of accelerating the expansion of SuccessionFully. (Cambridge became the AmeriFlex Group's broker-dealer partner in July.)
Jesse Kurrasch, chief operating officer at the AmeriFlex Group, told ThinkAdvisor that the RIA has been developing SuccessionFully for over a year.
"It was a major reason we sought a new partner in Cambridge to build this platform," he said.
The demand for this kind of solution was clear, said Kurrasch, as he saw advisors not taking critical steps to address their succession plans, "leaving themselves open to significant risk and financial loss."
To mitigate for a protentional lack of alignment in succession planning, Kurrasch said that SuccessionFully ensures that all aspects of the succession program are addressed and coordinated through a single source.
"This streamlines the process and reduces the execution risk at every level," he said.
The AmeriFlex Group, based in Las Vegas, has about $13 billion in client assets.
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