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Financial Services Review: Specials Magazine
For many founder-owners, the traditional path to private equity capital has always involved a difficult trade-off—sell a majority ownership stake to gain the desired liquidity but relinquish control to the new investors. For decades, successful founder-owners have accepted that trade-off between liquidity and control. But that loss of control carries real risks. A change in ownership can disrupt company culture and can shift priorities away from the long-term vision that built the business in the first place. In some cases, it can even limit the very growth that the new capital was meant to accelerate. Is there a better solution that doesn’t require this trade-off? New Heritage Capital, a private equity firm that partners exclusively with founder- and entrepreneurial-led businesses, offers a different approach. At the center of that difference is the Private IPO®, a proprietary structure that turns capital into a partnership. It provides founders with meaningful liquidity, often up to 80 percent of enterprise value, while allowing them to retain voting control and a much greater share of the future value. Unlike the traditional leveraged buyouts, the Private IPO® has a governance model built on trust and collaboration. Founders continue leading their companies, with New Heritage retaining protective rights over key business decisions, such as new debt, mergers or sales. In addition to the shared governance model, the Private IPO® allows founder-owners to earn up to a 25 percent incentive equity plan based on future equity values at the next liquidity event. That incentive plan is double the typical leveraged buyout offer and truly rewards founder-owners that believe in the future value of their business. “We built New Heritage around the idea that growth capital should empower founders,” says Mark Jrolf, co-founder and managing senior partner. “An individual who has built a company from scratch to 50 million dollars has developed capabilities that should be harnessed, not diminished.” That philosophy has guided New Heritage since its inception. Before establishing the firm in 2006, co-founders Jrolf, Charlie Gifford and Nickie Norris, had worked together for years, going back to 1999. That rare continuity shaped the mindset that is behind every new partnership New Heritage forms.
Top Financial Trading Service 2025
True market mastery demands more than algorithms and ambition. It requires precision guidance, institutional-grade insight, and a platform engineered for performance. Avant-Garde Trading Securities delivers all three, combining advanced technology with a client-first philosophy that empowers serious traders to execute with conviction. A full-service online brokerage, Avant-Garde Trading Securities transforms complexity into clarity. Its sophisticated and intuitive infrastructure supports multi-asset trading across equities, options, futures, and fixed income. This enables clients to diversify their holdings and act decisively with confidence. “We’re among the few firms giving our clients access to every options strategy available in today’s markets,” says David Gompert, CEO. Gompert is an industry veteran with more than three decades of leadership across global finance. Under his direction, Avant-Garde Trading Securities’ brokerage team, with an average of 18 years of experience, provides personal guidance that reflects the depth of institutional coverage. From structuring advanced options spreads to navigating volatility or optimizing tax-sensitive execution, each client receives direct and informed engagement from a seasoned professional. The firm offers a complete range of account structures, including individual, joint, trust, retirement, entity, and Uniform Gift to Minors Act accounts. Its clients include sophisticated retail investors as well as professionals who employ institutional-level tactics such as volatility arbitrage and derivatives pairing. Every client benefits from personalized guidance grounded in diligence, discretion, and respect for the individuality of each portfolio. Avant-Garde Trading Securities’ technology advantage lies in its proprietary margin and pairing engine, which allows traders to manage multiple positions within a single underlying asset. This structure improves capital efficiency and strengthens dynamic risk modeling.
Top Retirement Income Planning Service 2025
Klauenberg Retirement Solutions helps guide individuals towards financial freedom through comprehensive, personalized plans that turn their hard-earned savings into a lasting, steady source of income. Specialized in retirement income planning, the firm’s strategies are designed to help endure market shifts, inflation and life’s uncertainties. Klauenberg has answers to some of the most pressing concerns individuals have regarding their retirement. Decisions on how much to withdraw from investments annually, when to claim Social Security, which pension option to choose, or what Medicare coverage to select can feel overwhelming. This burden is eased through personalized retirement income plans backed by investment management, tax optimization and estate planning guidance anchored in ongoing financial planning support. “Our income plans are designed to protect our clients’ future, helping them turn their assets into monthly income that outlasts their retirement years,” says Scott Butler, CFP, retirement income planner. Klauenberg acts as a safeguard against varied investment risks. Inflation is the first among them. Balancing stable, conservative investments with high-yield growth plans, clients can maintain the purchasing power of their income for decades. Another underestimated factor is the impact of lengthier lifespans. Retirement savings need to last longer, especially with the rising medical expenses incurred in old age. Klauenberg‘s income plans are designed to address the longevity risk and provide sustainable income. An often overlooked risk is the possibility of a market downturn as retirement begins and withdrawals commence. When a market dip occurs, retirees are forced to sell their shares at a lower value to draw income. Unless withdrawals are managed wisely, such an event can negatively impact a moderately aggressive portfolio made up of mutual funds and stocks, as it reduces the value of the investments. This is why, rather than relying on the individual’s risk tolerance, Klauenberg structures clients’ portfolios with a segmented, time-based approach that shields them from market bear runs. It sets aside safer funds for near-term income needs while keeping growth-oriented investments reserved for the long term.
CXO INSIGHTS
The Continued Evolution of Wealth Management Services
Chad A. Schmookler , Senior Director, International Operations InComm
Unraveling the Dynamics of Commercial Real Estate: Navigating a Changing Landscape
Dylan Sproul, Vice President, Capital Markets & Investment Sales, Transwestern
Why Isn't Tax Season More Of A Team Effort?
Ryan Halleran, SVP, Director of Wealth Planning, D.A. Davidson Companies
Insights from NatWests Head of US Sales & Trading
Casey Spezzano, Head of Customer Sales and Trading, US, NatWest
What is effective financial risk management?
Gilbert Asamoah, Credit Risk Manager, NiSource Inc.
IN FOCUS
Shifting Dynamics in Private Equity Investment Strategies
Private equity is evolving in response to sustainability, technology, and emerging markets, overcoming challenges through innovation, co-investments, and specialized opportunities.
Empowering Investors: The Evolution of Financial Trading Services
Financial trading services drive global market efficiency, overcoming challenges with innovation while creating growth opportunities through technology, personalization, and sustainability.
EDITORIAL
From Smart Investment to Secure Future
The financial world is in the midst of a real transition as market swings, regulatory shifts, and rising expectations are shaping new demands on investors and institutions. People want clarity and stability. Most of all, they want solutions that make long-term financial confidence feel realistic again. Modern tools are making that possible by replacing guesswork with insight and helping decisions feel more grounded and more strategic. Private equity firms are moving toward smarter, more disciplined investing. They are using advanced analytics to evaluate deals with greater precision and to manage risk in ways that strengthen long-term outcomes. Their work reflects an industry that values sharper vision and steadier performance. Retirement income planning services are stepping forward with strategies designed to support lasting financial security. With lifespans increasing and economic uncertainty lingering, the need for reliable income solutions has never been more pressing. Providers are responding with approaches that help people map out their futures with confidence and peace of mind. Modern trading services are transforming how investors operate in fast-moving markets. Real-time intelligence, automated insights, and cleaner workflows are enabling traders to react quickly while staying aligned with long-term strategy. Better speed and smarter information are reshaping what effective execution looks like. In this edition, we turn the spotlight on leaders who are driving meaningful change. Their solutions drive stronger investment strategies, more dependable retirement income planning and intelligent trading capabilities that support confident action. This edition also highlights leaders steering meaningful progress in financial innovation, including Brian Hutchin, Executive Vice President, Director of Healthcare Services at UMB, Institutional Banking Division at UMB Bank, and Michael Dotto, Director at Voya Financial. We hope this edition offers a genuine perspective on how today’s financial tools and strategies are helping people feel more prepared and more confident about their futures. The stories and insights shared here point to a financial landscape where stability feels achievable, decisions feel clearer and long-term goals feel within reach again.
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