WHAT WE VALUE

According to Joseph Astrachan, Ph.D., editor of the Family Business Review, less than seven out of ten businesses will survive to the second generation and only about 12 percent will be viable to the third generation. Lack of a clear succession plan, inadequate funding available for taxes and virtually no preparation for transition are?some of the key indicators.
William A. Shumate and Andrew Moore are registered with and securities and advisory services are offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. Southmark Consulting, LLC is not affiliated with LPL Financial. William A. Shumate is registered in MS, NC, and SC. Andrew Moore is registered in FL, NC, and SC,.