Sage Hill Advisory & Management


	I felt I needed assistance solving the succession challenge as to who would succeed me as CEO. Dick Dunn and Sage Advisors helped me resolve this with a good solution for our family, as well as the business team at our Bank. I was particularly impressed with the relevance of the assessment process to community bank work. The resulting individual profiles enabled us to undertake development planning for successors, and gave us a basis for making sound career planning decisions - to place individuals in the roles where they are most likely to succeed and sustain the performance of the Bank. William O. Buyck Chairman & Chief Executive Officer Bank of Clarendon (South Carolina)


	Sage Hill Exit Planning for Business Owners Why do we call this "Exit Planning"? In our work, for business owners, "Exit" refers to the process of transitioning from active participation in the business and/or the sale or gifting of ownership interest ...thus "Exit" means the patriarch's or matriarch's exit from the business either by developing a sound succession plan for the next generation of the business leaders or, in some cases, consideration of a sale of the business to outsiders. Sage Hill is a member of a national think tank of professionals which shares and develops best practices for business owner exit planning. Sage Advisors Affiliate Team Sage Advisors provides business leadership succession planning and family estate planning for family-owned business owners. Sage Advisors' twenty plus professional advisors throughout the United States thoroughly counsel and manage such issues for families with net worth greater than $10,000,000. Sage Advisors is very proud to have a strategic alliance with ICBA Financial Services to service the ICBA memberships most affluent family bank owners. According to the Family Firm Institute, only 30% of successful businesses survive to the second generation; only 12% to the third generation. Additionally, in over 70% of families with greater than $25,000,000 net worth, the wealth fails to exist by the third generation. Despite the extraordinary effort and ingenuity typically devoted by the business founder, the business' foundation dissipates for a multitude of reasons, such as: forced sale due to lack of estate liquidity poor estate planning lack of sufficient mentoring of subsequent generation conflicts among children and non-family company executives Sage Advisors' counsel and management enables the family to have a conscious choice to remain a family-owned business or to entertain other options from strength should it choose to. Sage's team of advisors and its collaborative of attorneys, investment bankers, and family coaches provide a coordinated process to provide for a successful and functional transition. Sage Advisors is a joint venture between Sage Hill and it's affiliates to deliver estate planning, succession planning, and financial management services for family business owners.


Sage Hill Advisory & Management \| 18 Division Street, Suite 210A \| Saratoga Springs, New York 12866 Phone: 518.871.1214 Fax: 518.871.1028