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Professionals Alliance Group

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Professionals Alliance Group Information for accounting firms
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  • 1. ProfessionalsDomesticAllianceConfidential SurveyGroupOppenheimer established thePlease print.Professionals Alliance Group toNamesupport selected accounting firmsTide.across the country in providingCompanyfinancial consulting services to their Addresshigh net wort}r clients. Ci.y......State....2p Telephone.Fax.In order to qualify for membership inE-Mail ....7ebSite..the Professionals Alliance Group,F{ome Addressaccounting firms must meet certain City......State ....Ziprequirements. if you are interested in SocialSecurity# .. . . . . .DateofBirthlearning more about this opportunity, Year Firm Foundedplease complete and return this Number of PartnersConfidential Survey witl your busi-ness card to: Number ofAccountants/Lawyers . . . Please indicate the approximate nrrmber of clients with IN{ESIIABT.F assets within the following ranges:Professional Alliance Group . . . . $5OOm-$2mm . . . .$2mm-$5mm . . . .$5mm-$10mmOppenheimer 6r Co.Inc. .... $10mm-$25mm....>$25mmI25 Broad Sffeet, 14th Floor Please indicate your ftlnt approximate curnt annu l rsvenues:NewYork, NY 10004O$1mm-$3mm [email protected]$5mm-$1OmmO>$1Omm(212) 668-5880 Do you have a ftnancial services business? OYesONo Do you have an RIAiOYesONo Please inficate the license(o)yo* hold: Please indicate industry specialization(s),if *y (e.g.: manufactur- ing, healtficare, technolory, non-traditional). f ppENtml{E (SiSnature)(Dale)

2. Our Professionals Allia nce G rou p Helps You ProvideYour Clients with lnvestment Services& -ryt42The Professionals Alliance Group seeksto align PAG sees its function as a means by which itswith firms whose primary focus is to offer their members can strengthen existing relationshipsclients financial guidance in their personal and between their clients and themselves by providingbusiness interests. When PAG began operations, investment services. Values of integrity and respectit worked almost exclusively with accounting firms,are paramount for companies to succeed at addingSince that time, it has also formed relationshipsvalue to their clients trusted counselors.with law firms, sports agents, business managers 0ppenheimers Senior Management augmentsand family office practices because thesePAGs involvement with the firms with which itindividuals and institutions are all actively involved works by making themselves accessible to thesein their clientsfinancial lives.firms clients for seminars and by assisting PAG in strategic planning. 3. Why Offer Wealth Management ServicesThrough Trusted AdvisorsCertified Public Accountants, lawyers, agents, business managers, family offices and other trusted professionals are often a high net worth clientsmost trusted advisor. Their position of trust gives them the unique abi ity to advise clients on financial affairs in addition to their respective areaof expertise,As professional advisors with whom clients discuss their most important business and f nanclal situations, these professionals are a naturalfit for therole of central coordinator of various client needs, including WeaLth Management services, lt rs on y ogical that clients would wish their professionaladvisor to become an integral part of their investments, The professionas invo vement in the process of frnancial advice allows him or her tostrengthen and enhance client relationships,Which Wealth Management Services ApproachShould You Take?Your choice of a service model will depend on a number of variables, including the types of clients you represent, your firms slze and the commitmentand training of your staff in the wealth management business. For reference, we have provided an overview of different models in this brochure.Financial Services AlternativesThere are several platforms from which CPA and other professionalfirms deliver financial services to their clients,Below are the aspects of each platform.Establlsh Financial ServicesAffiliate withEstablish RIA;Select Relationship Partner First StepsLimited Liability CorporationBroker Dealer (B/D) (SEC or State Regulated) (lnsurance & Securities)(LLC) Series 7 & 66;Series 7 & 66; Series 7 & 66; Typical LicensingSeries 65lnsurance lnsuranceI nsu ra nce Fee-Based Advisory Programs; Fee-Based Advisory Programs; Fee- Basedlnsurance Transactions; Services AvailableCom mission-BasedComm ission-Based Advisory Programs Some Asset ManagementI nsu rance Transactions I nsu rance Tra nsactions Earnings Potential HighMediumMedium/HighHighThe financial cost and use of resources to your firm depend upon the type of platform you select. ln addition, you may not know how hands-on a particularprogram may be.Wealth Management AlternativesAligning with a full service Broker/Dealer enables you to fully leverage the abilities, experience and resources of yourWealth Management affiliation.ln addition to your FinancialAdvisor, your clients will be able to meet with other 0ppenheimer professionals who can assist them with their retirement plans,advise executives at privately and publicly held companies, liaise with trust and estate administration and provide access to alternative investments forqualifying high net worth individuals as well as select insurance and annuity providers. 4. A Select Group:eting the challenge of building and servicing an association of a financial firm with a CPA, legalor management firm also requires the involveme:i : righly experienced professionals. Our member firms work only with those Oppenheimer & Co. lnc. Financial Advisors whom PAG has selected throuc . :emanding screening process. ::Gselects FinancialAdvisors to participate in the ProfessionalsAlliance Group on the basis of their tenure within the investment industry, their prior -,clvement with accounting and other professronal firms and their experience in consulting with high net worth investors, - addition to these qualifications, PAG prefers for PAG FinancialAdvisors to complete or be in the process of completing some form of advanced academic :-rgram in the financialarena such as the Chartered lnstitute of ManagementAccountants (CIMA)designation, [email protected] designation awarded by Certifiec : iancial Planner Board of Standards, the Chartered FinancialAnalyst designation from theCFA lnstitute or a Masters degree in Business Administration. Extensive Support lecause an open dialogue among all parties is critically rmportant, the Professionals Alliance Groups business model is predicated on developing afirm-to-firm" relationship. PAG member firms recelve extensive support, including training and marketing seminars, held either onsite or in our New/ork offices. ln addrtion, the Financial Advisor responsible for working with each organization may spend a great deal of time working with clients :nsite, either alone or accompanied by a member of Oppenheimers Senior Management. Timeline for Establishing a Wealth Management Programre typical timeline to implement a wealth management program is 6 to B weeks. Regardlessof how you decide to structure your program withPAG, ,ou should take care to include several key elements.Weeks 348l Appoint Firm Champion d>I.l::::l;Hil:,?.Tiflii"il#lTflJ::.1i:i Due Diligence]+I ,, Research which program/platform to align with1 Establish Financial Services Entity d> ", Determine which model is best for your firmL- Staff Updatesi-Receiveweeklynewsletters,firmmarketingpieces,i I anoclientnotifications License Training and Exam Client ldentification/ Client Meetings 0ngoing Training- Why Consider the Professionals Alliance Group?i" PAG has helped professional advisory firms across the country develop Wealth Management businesses. Our own growth stems from the ability to provide a tailored yet flexible program for trusted professionals as opposed to imposing a prefabricated investment model upon individual clients. ln short, the 0ppenheimer & Co. lnc. FinancialAdvisors who work with the ProfessionalsAlliance Group work with their member firm clients in the same manner in which they work with their own clients at Oppenheimer. We understand your profession and provide member firms with a time-efficient approach to Wealth Management. Our dedicated Financial Advisors are extremely knowledgeable;they bring your clients years of experience, as opposed to the latest "hot idea." 5. A Select Group leeting the challenge of building and servicing an association of a financial firm with a CPA, legal or management firm also requires the involvementtf highly experienced professiona s. Our member firms work only with those Oppenhermer & Co, lnc. Financial Advisors whom PAG has selected througha demanding screening process.PAG selects FinancialAdvisors to participate in the Professionals Allrance Group on the basis of therr tenure within the investment industry, their priornvolvement with accounting and other professional firms and their experience in consulting with high net worth investors.n addition to these qualifications, PAG prefers for PAG FrnancialAdvisors to complete or be in the process of completing some form of advanced academicprogram in the financial arena such as the Chartered lnstitute of ManagementAccountants (ClMAf designation, [email protected] designation awarded by CertifiedFinancral Planner Board of Standards, the Chartered FinancialAnalyst designation from the CFA lnstrtute or a Masters degree ln BusinessAdminrstration.Extensive SupportBecause an open dialogue among all parties is critically imporlant, the Professionals Alliance Groups business model is predicated on developing a"firm-to-firm" relationship. PAG memberfirms receive extensive support, including lraining and marketing seminars, held either onsite or in our NewYork offices. ln addition, the Financial Advisor responsible for working with each organization may spend a great deal of time working with clientsonsite, either alone or accompanied by a member of 0ppenhermers Senior Management.Timeline for Establishing a Wealth Management Progr

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