NEW YORK, Dec. 2, 2010 /PRNewswire/ -- Bernstein Global
Wealth Management, a unit of AllianceBernstein L.P., announced
today it has launched a website comprising a groundbreaking
research report and four brief audiocasts dedicated to answering
financial-planning questions around selling a privately held
business. The "microsite" is designed to aid business sellers,
prospective sellers, and the professional teams who work with
business owners engaged in a sale.
The site URL is
www.alliancebernstein.com/abcom/Opportunity/Selling_A_Business/SellingBusiness.htm.
It can also be reached through Bernstein's home page at
www.bernstein.com.
The white paper research report is authored by Bernstein Wealth
Management Group professionals Greg
Singer and Brian Wodar. It
presents best practices for planning all aspects of a sale from
pre-transaction strategies through post-transaction implications.
The four audiocasts focus on the highlights of Bernstein's
research, specifically:
- How business sellers can assess the pros and cons of multiple
offers
- How sellers can plan for a retirement that will meet all their
goals
- What sellers should do to boost their legacies to family and
charity
- How sellers might think about today's thorny tax questions
Both the paper and the audiocasts start with the premise that
for owners, selling a business raises as many emotional issues as
financial. "At every point along the sale continuum," says Singer,
"the owner and his professional team are grappling with both
monetary and personal issues. The key to satisfying both sides of
that equation is planning."
Adds Wodar, "Forecasting wealth outcomes is critical. We use a
unique quantitative tool to assist sellers in understanding the
impact that a potential transaction can have on them and their
families. It combines the pro-forma cash flows generated by an
investment banker with the probabilistic behavior of the capital
markets. It's a great tool in helping owners assess how well
they'll meet their objectives with one selling strategy or
another." This analysis can accommodate just about any seller
and set of circumstances.
Sums up Singer, "A business seller should feel in control of the
situation rather than at the whim of external forces. Our planning
process allows him to make an informed decision to go ahead and
execute a transaction that will meet his needs."
About AllianceBernstein
AllianceBernstein is a leading global investment management firm
that offers high-quality research and diversified investment
services to institutional investors, individuals and private
clients in major world markets.
At September 30, 2010,
AllianceBernstein Holding L.P. (NYSE: AB) owned approximately 36.7%
of the issued and outstanding AllianceBernstein Units and AXA, one
of the largest global financial services organizations, owned an
approximate 63.0% economic interest in AllianceBernstein.
Additional information about AllianceBernstein may be found on
our internet site, www.alliancebernstein.com.
SOURCE AllianceBernstein