Nucleus Legacy Logo

Have you been working for years to build your firm, working so hard and long on growth and development that maybe you forgot to plan your retirement? Are you ready when the time comes?

Have you been working for years to build your firm, working so hard and long on growth and development that maybe you forgot to plan your retirement? Are you ready when the time comes?

APPLY NOW
CONTACT US
APPLY NOW
CONTACT US

ACCORDING TO THE JOURNAL OF ACCOUNTANCY, 50% OF FIRMS HAVE NO EXIT STRATEGY

30% think they have a plan, but there is clear buyout solutions. Only 20% have a functioning plan.

Small firm owners that have considered selling their book as their retirement may also consider bringing on a partner, merging with another, or just closing up shop.

Each with its own set of pros and cons and unknowns. More importantly who are those taking over your clients and those relationships you spent years developing?

WHAT IF THERE WAS ANOTHER, MORE STABLE OPTION?

If you are looking to retire or phase out of firm ownership, Nucleus Legacy could be the retirement plan for you!

APPLY NOW

FROM OUR CEO + FOUNDER, LIZ MASON:

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.

Liz Mason, CEO & Founder

IMAGINE BEING A PART OF THE TRANSITION PROCESS.

Working with your clients as they are onboarded, helping foster new relationships, and the ability to focus on building out your retirement.

APPLY NOW
APPLY NOW
Legacy offers a plan to retirement, starting with a five-year step-down plan. During those five years, you are onboarded as an employee with benefits; even 401k through year three.
Each year during the step-down period, you will work one day less a week so that at the end of 5 years, you are no longer actively working. However, during those five years, you can continue to grow your book of business. By doing so you increase your legacy over the next 15 years, which is a percentage of the gross revenue of your book at the end of the first five years. This is also made easier because the Legacy program starts right away to help with back office support.
Nucleus Logo

LEGACY WORKS WITH YOU

Legacy helps you outline a change management plan and regular check-ins throughout the transition process. A well-executed transition period is essential to client retention.

GET STARTED WITH


  • Please provide percentages for each type of work listed below that your company performs.
  • This field is for validation purposes and should be left unchanged.