"Rags to riches to rags in three generations?" You have something more in mind.
We put your wealth to work for you and your family, and keep it working for generations to come.
High Net Worth Individuals
Consistently ranked one of the top 50 wealth managers in the nation, the Beringer Group offers access to a world class network of opportunities, relationships and strategies not available to most investors. Our inside knowledge of asset protection and alternative investments, combined with advanced reporting capabilities and unequaled due diligence, enable us to give clients a clearer picture of what is, and what is possible, than any other advisory firm.
Affluent Family Enterprises
It’s not a good idea to be the last one selling buggy whips. The business that initially generates wealth for a family may only be one piece of a much larger legacy. The most successful families, over the long term, are those who learn to stay on top of trends and create an “enterprise” that nurtures a diverse panopoly of profitable and charitable ventures. The Beringer Group is adept at optimizing these enterprises and imparting the values, strategies and skills that help them succeed.
Privately Owned Businesses
Many business owners spend decades building a successful business and then unnecessarily lose millions of dollars in a few crucial moments in the business life cycle. Keeping a company and transferring it to the next generation requires very different planning than selling it to a third party. Not planning for either puts you in a position where outside forces dictate your future. The Beringer Group can help you to prepare now to be in a position to profit when it matters most.
Many people do pieces of what we do. We are one of the few who bring it all together.
The Beringer Group is a privately held independent advisory firm. We have been working with the owners of substantial privately-held businesses and the heads of affluent family enterprises since 1979.
We have helped our clients make some of the most difficult decisions of their lives. Our strategic succession planning, investment services, tax mitigation expertise and access to exclusive private equity networks has helped us provide clients with innovative, objective, and contemporary solutions to a large number of critical issues.
In the process, we have helped them avoid catastrophic tax consequences, given their businesses and endeavors new life, and provided for their families, their employees and their communities for generations to come.
Only 5% of inheritances survive 3 generations
60% of inheritances disappear by the 2nd generation. 90% disappear by the third
Only 30% of family businesses survive two generations
Only 3 percent of family businesses survive to the 3rd
47% of business owners over 55 hope to sell in three years
Only 10% of these have a legitimate exit strategy
only 38% of business owners implement their succession plans
73% have not focussed on tax mitigation issues in their succession plans
Our managing directors have an average of 25 plus years of experience in the markets we serve.
Theodore A. Beringer
Christopher M. Beringer
John R. Fye
John R. McAlister II
Bradley S. Williams
Linda L. Postorivo
Barry J. Levin
JAMES B ALDRICH
JOANNE M. VANDERHEYDEN
Christopher S. Hughes
Ellen C. Pierce
The world is in crisis, such as we’ve never experienced. Our top priority is making certain our clients, employees and families are safe and protected personally and financially. We are operating under our Business Continuity Plan conditions, which fortunately we’ve had in place since our inception. We’ve strengthened this policy several times over the years[…]
Delwood Supply Inc., finalizes the sale of their company to Progressive Plumbing Supply Company, Inc.
The Beringer Group, an independent business advisory firm, is pleased to announce that our client, Delwood Supply Inc., has finalized the sale of their company to Progressive Plumbing Supply Company, Inc. The Beringer Group acted as exclusive financial advisor to Delwood Supply Inc. during the negotiations and transaction. Delwood Supply Inc. is a great resource[…]
The Beringer Group mourns the loss of our friend and colleague, John W. Leighbody, who passed on September 18, 2022 after a brief illness. John had been with the Beringer Group since 1988 and was greatly admired and respected by our teamand our clients. It was with a no-nonsense, calm, and reasoned approach that he[…]
The Beringer Group, an independent business advisory firm, is pleased to announce that our client, Irvine Pipe & Supply Inc., has finalized the sale of their company to Reece Supply. The Beringer Group acted as exclusive financial advisor to Irvine Pipe & Supply Inc. during the negotiations and transaction. Irvine Pipe & Supply, Inc. is[…]
Romar Supply serves contractors and homeowners in the Southwest market with pipes, valves, fittings, and fabrication services. Romar Supply has two locations in the Dallas/Fort Worth and the San Antonio/Austin markets. The Beringer Group is pleased to announce that our client, Romar Supply, has finalized the sale of their company to Winsupply Inc. The Beringer[…]
The Beringer Group is proud to sponsor the 8th Annual Major Samuel Griffith Memorial Golf Tournament on June 11th, 2022 at the Abacoa Golf Club in Jupiter, Fl. The Major Samuel Griffith Memorial Golf Tournament was founded out of love and compassion for combat veterans, in memory of fallen hero Sam Griffith. The tournament is[…]
The Beringer Group is pleased to announce that our client, Sandpiper Supply of Savannah, Georgia has agreed to continue the tradition of a family business with an internal transaction. Founded in 1977, Sandpiper Supply began as a small mom and pop plumbing supply house. Over the last 44 years, the Howard family has grown Sandpiper[…]
The Beringer Group is pleased to announce that our client, Williams Supply, have finalized the sale of their company to WinSupply. The Beringer Group acted as exclusive financial advisor to Williams Supply Co., Inc. Williams Supply have three locations in the Tennessee market. Williams Supply serve contractors and home owners in theTennessee market with electric,[…]
The Beringer Group is pleased to announce that our client, Northside Emergency Pet Clinics, a provider of emergency veterinary medicine, has finalized the sale of their company to PetVet Care centers, a portfolio company of KKR. The Beringer Group acted as financial advisor on the sale in tandem with Houlihan Capital. With locations in Westminster[…]
The Beringer Group is pleased to announce that our client, L&B Pipe & Supply Co., Inc. have finalized the sale of their company to The Reece Group (Morsco). The Beringer Group acted as exclusive financial advisor to L&B Pipe & Supply Co., Inc. L&B Pipe & Supply Co., Inc., located in Torrance, CA, serves contractors[…]
The Beringer Group is pleased to announce that our client, Simon’s Supply, have finalized the sale of their company to WinSupply. The Beringer Group acted as exclusive financial advisor to Simon’s Supply Co., Inc. Simon’s Supply have five locations in the Providence, RI and the Cape Cod markets. Simon’s Supply serve contractors and home owners[…]
by Bradley Williams Inflection points for business owners. The decision to sell any business involves a complex set of decision-making points. The business’ underlying value, health of the overall industry, interest rates, growth potential, geographical location, owner’s age, taxes and many other factors contribute to an owner’s decision to sell or instead focus on succession[…]