I am excited to share with you the reason why the Nucleus Legacy program exists at all – it is quite personal to me. I come from a family of hobbits, and while we are all quite short, we are all quite good at accounting. This means I watched my grandfather grow a practice, I watched my aunt grow a practice, and I learned what happens after people spend their lives building these beautiful practices, with great clients and their heart and soul built in.

There are really two options here. We have selling the company, and traditionally firms get seventy cents on the dollar. Or train up a manager and bring them in. Now the last time I checked, tax managers, if you search for that on Indeed, there were 20,000 open positions in the US. Finding the right talent to grow in house and hand over a book of business has become difficult. We also know that the average age of accountants is pushing 55, which means we have many retiring accountants in the next 20 years, and a whole bunch of clients, and we need to figure out where they are going.

Additionally, we are looking at this from the perspective of how we can help CPAs or EAs or accountants that have built great accounting practices, finish up their beautiful career. How can we help give them a legacy that matters, give them an option that is not seventy cents on the dollar degrading to their retirement? How do we give them an option that doesn’t make them work until 80 years old, or pushing 90 as my grandfather did?

That is why we have developed Nucleus Legacy.