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You are here: Home / Archives for Exit Planning

The Problem with ‘The 5-Year Exit Plan’

~ Article by Kevin Ellman, CFP ®

The Problem with ‘The 5-Year Exit Plan’

Most business owners who are asked about their exit plans will reply that they want to exit their business ‘in about 5 years’. Often times, 5 years later, the same owner Read More...

Recent Business Owners Survey Tells a Steady Story, My Mental Readiness for an Exit is LOW

~ Article by Kevin Ellman, CFP ®

Recent Business Owners Survey Tells a Steady Story, My Mental Readiness for an Exit is LOW

A recent release of findings from an ongoing research effort being conducted by Pinnacle Equity Solutions, Inc., a national leader in the emerging field of exit planning, Read More...

Owners Surveyed Cannot Afford to Exit and Do Not Want To

~ Article by Kevin Ellman, CFP ®

Owners Surveyed Cannot Afford to Exit and Do Not Want To

In a recent release of findings from an ongoing research effort being conducted by Pinnacle Equity Solutions, Inc., a national leader in the emerging field of exit Read More...

Advisor Collaboration is Core to A Successful Exit 

~ Article by Kevin Ellman, CFP ®

Advisor Collaboration is Core to A Successful Exit 

Many business owners today are thinking about an exit from their privately-held business and are trying to figure out how to begin this seemingly-overwhelming task. Like Read More...

Seeing the Big Picture with Your Exit

~ Article by Kevin Ellman, CFP ®

Seeing the Big Picture with Your Exit

The success of exiting a business depends greatly upon the mental perspective and preparation of an owner during the exit process. Business owners tend to fixate their Read More...

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Kestra Investment Management

Learn about the Kestra Investment Management Team →

    The Wealth Preservation Solutions
    Principals and Key Staff

  • Dennis J. Amico
    Chairman

    (201) 632-2037damico@wpsllc.net
  • Kevin Ellman
    CFP® and CEO

    (201) 632-2022kellman@wpsllc.net
  • Paul D. Miller
    President

    (201) 632-2036pmiller@wpsllc.net
  • Robert W. Davis
    CFP®

    (201) 632-2040rwdavis@wpsllc.net
  • Dolores White
    Director of Asset Management

    (201) 632-2019dwhite@wpsllc.net
  • Susan J. Forman
    CFP®, Director of Financial Planning

    (201) 632-2028sjforman@wpsllc.net
  • Carrie Ware
    Director of Insurance Planning

    (201) 632-2035cware@wpsllc.net
  • Matthew Waldman, CLU®, ChFC®
    Managing Director of Wealth Planning

    (917) 806-6047mwaldman@wpsllc.net
  • Daniel Tyburski
    Managing Director of Wealth Management

    (973) 587-5199dtyburski@wpsllc.net
  • Michael Csedrik
    Director of Retirement Plans

    (201) 632-2050mcsedrik@wpsllc.net
  • Meredith Fogel
    Director of Investment Operations

    (201) 632-2042mfogel@wpsllc.net
  • Belinda Traverso Flores
    Senior Administrator

    (201) 632-2022btraverso@wpsllc.net
  • Nicole Cardinal
    Investment Operations Administrator

    (201) 632-2029ncardinal@wpsllc.net
  • Kathy Liebmann
    Family Office Operations Administrator

    (201) 632-2025kliebmann@wpsllc.net
  • Mary Curry
    Family Office Coordinator

    (201) 632-2033mcurry@wpsllc.net
  • Carolyn Boscarino
    Insurance Operations Coordinator

    (201) 632-2031cboscarino@wpsllc.net
Download our Exit Planning Brochure
To get started with a complimentary 401(k) Plan review simply provide the following documents.

For401(k) Plans:

  • Current Plan Adoption Agreement
  • 408(b)(2) Notice (Participant Level Expenses – Fee Disclosure)
  • 404(a)(5) Notice (Plan Level Expenses – Administrative Portal / Record Keeper or TPA)
  • Summary of Plan Description
  • Investment Policy Statement (IPS – Current / Most Recent)
  • Latest/Last Plan Review (Date Provided / Delivered)

For Health and Welfare Benefit Plans:

  • Current Employee Census (Include Home Zip Codes)
  • Plan Benefit Summaries (ERISA Summary Plan Description / SPD)
  • Last Two Years Paid Claims by Month (Include Employee Counts by Month / 100+ Lives)
  • Last Two Years Renewal Package
  • Current Rates / Fees / Expenses
  • Large Claim Data (All Claims Over $25,000 / With Diagnosis if Available)

Featured Articles and Videos

  • Finding A Financial Advisor – Part 1
  • Finding A Financial Advisor – Part 2
  • Exchange Traded Funds Part 1
  • Exchange Traded Funds Part 2
  • Exchange Traded Funds Part 3
  • Dollar Cost Averaging
  • Dividends Part 1
  • Dividends Part 2
  • Strategies to Help Maximize Your Money
  • Our Investment Planning Process
  • Estate Tax and Succession Planning After the Cliff
  • Estate and Business Succession Planning
Download our Exit Planning Brochure
Get Kevin Ellman’s new book, The 7 Biggest Money Mistakes People Make and How to Avoid Them, and learn how to preserve and grow your wealth! Seven Biggest Money Mistakes People Make and How to Avoid Them: Preserve and Grow Your Wealth by Kevin Ellman CFP

Kevin Ellman Video Series


ETFs Part One

ETFs Part Two

ETFs Part Three

The Wealth Preservation Solutions Team

  • About Us Overview
  • Dennis J. Amico
  • Kevin Ellman CFP®
  • Paul D. Miller
  • Robert W. Davis CFP®, RICP®
  • Dolores White
  • Susan J. Forman CFP®
  • Carrie Ware
  • Matthew Waldman, CLU®, ChFC®
  • Michael Csedrik

Articles & Videos On Investing

  • Finding A Financial Advisor – Part 1
  • Finding A Financial Advisor – Part 2
  • Exchange Traded Funds Part 1
  • Exchange Traded Funds Part 2
  • Exchange Traded Funds Part 3
  • Dollar Cost Averaging
  • Dividends Part 1
  • Dividends Part 2
  • Strategies to Help Maximize Your Money
  • Our Investment Planning Process
  • Estate Tax and Succession Planning After the Cliff
  • Estate and Business Succession Planning

Services Overview

  • Services Overview
  • Estate Planning and Asset Protection
  • Investment Planning
  • Exit Planning
  • Business Succession Planning
  • Insurance Planning
  • Benefit Planning

About Wealth Preservation Solutions

  • Services Overview
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  • Our Recent Book
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  • Articles & Videos
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    • About Wealth Preservation Solutions
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  • Contact Us

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