"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
John W. Leighbody
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[…]
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.
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[…]
Understand The Beringer Group better by watching this lively interview between Ted Beringer, Chris Beringer, Doug Llewelyn and William Shatner.
The Beringer Group recently assisted J.W. Wood Co. with their sale to PACE Supply Corp. President John Wood reveals details behind the decision and process. “The best possible advice I could give is contract with a company like the Beringer Group,” Wood says. “They are pro’s at negotiating deals and marketing your business to a[…]
The Beringer Group assisted J.W. Wood Co. (J.W. Wood), Northern Industrial Sales and All Air Supply in selling their organizations to PACE Supply, effective January 1st, 2020. “My brother Kellie and I were fortunate to learn the plumbing wholesale business from one of the best, our father, Wes Wood – founder of J.W. Wood,” said[…]
J.W. Wood Supply Co., Northern Industrial, Inc., & All Air Supply, Inc. finalize sale to Pace Supply Corp.
The Beringer Group is pleased to announce that our clients – J.W. Wood Supply Co., Northern Industrial, Inc., & All Air Supply, Inc. have finalized the sale of their companies to Pace Supply Corp. The Beringer Group acted as exclusive financial advisor to J.W. Wood Supply Co., Northern Industrial, & All Air Supply. J.W. Wood[…]
The Beringer Group is pleased to announce that our client, Avon Supply Co, Inc., has finalized the sale of the company to Winsupply. The Beringer Group acted as exclusive financial advisor to Avon Supply Co., Inc. Avon Supply Co. is located in Wakefield, Massachusetts, and serves area contractors in Boston and southern New Hampshire with[…]
by Bradley Williams Based upon conversations that I’ve had with my clients who have been in the process of selling their business during these uncertain times, or who are considering selling soon, I’ve laid out 5 scenarios detailing what may have changed due to COVID-19, and how we can prepare for the environment that we[…]
By Chris Beringer Wayne Gretzky, the greatest hockey player of all time, never skated to the puck, he skated to where the puck was going to be. That level of anticipation made for a great hockey player, but also makes for a great investor. Analyzing trends and determining which new technologies are here to stay[…]