GROWTH. TRANSFER. LEGACY.
Find events across the Tri-State area in New York, New Jersey, Hartford CT and Fairfield County CT.
The Smith Family Business Initiative at Cornell is dedicated to supporting and strengthening the network of owners, leaders and Cornell alumni that work in, with or for a family business. The program provides education, networking and new knowledge for family business owners, successors and students from across the globe. This session will focus on the particular dynamics of family businesses, best practices for governance and preparing the transfer to the next generation.
XPX Hartford hosts monthly meeting that are focused on deep learning and networking with fellow advisors to privately-held businesses. Our speakers and attendees are experts who focus on particular aspects of the private company life cycle including business value growth, business value transfer and owner life and legacy.
At this meeting, you can expect to:
Hope you'll join us!
XPX New Jersey hosts monthly meeting that are focused on deep learning and networking with fellow advisors to privately-held businesses. Our speakers and attendees are experts who focus on particular aspects of the private company life cycle including business value growth, business value transfer and owner life and legacy.
Ann Bank Parking Garage
41 Bank Street, Morristown, NJ
DeHart Street Parking Garage
14 Maple Ave, Morristown, NJ
XPX Fairfield hosts monthly meeting that are focused on deep learning and networking with fellow advisors to privately-held businesses. Our speakers and attendees are experts who focus on particular aspects of the private company life cycle including business value growth, business value transfer and owner life and legacy.
James C. Smith is the recently retired Chief Executive Officer and Chairman of Webster Bank. Bio
Panel I: The State of the State
Kathryn A. Nantz, Ph.D., Associate Dean, Professor & Chair of the Economics Department, Fairfield University. Bio
Philip J. Lane, Ph.D., Associate Professor of Economics, Dolan School of Business, Fairfield University, Bio
John S. Traynor, Chief Investment Officer, People's United Bank, Bio
Panel II: Global Economic Trends
James Glassman, Managing Director & Head Economist for Commercial Banking, JPMorgan Chase Commercial Banking, Bio
3:00pm Check-In | Networking | Light Refreshments
3:30pm Panel I: The State of the State
4:30pm Panel II: Global Economic Trends
5:45pm Keynote: James C. Smith, CT's Fiscal Stability & Economic Growth
6:30pm Cocktail Reception | Buffet Dinner
CTP (Certified Turnaround Professional): 3.6 Credits
Registration Closes NOON Friday, 11/16/18Early Bird (now -11/2/18): All $100, Students/See note below
Regular (11/3/18 - 11/16/18 Noon EST): All $130, Students/See note below
OnSite (if available on 11/19/18): All $160, Students/See note below
Student Registration Fee:$ 0 | Attend the Program ONLY | 3:00-6:30pm | Use Promo Code: SPKR24
$25 | Attend the Program + Reception | 3:00-8:00pm | Use Promo Code: VIP
To capture these student registration fees, enter the applicable promo code during the registration process at: Step 2, Mailing Address Information, bottom line of form. Please note all student registrations will be confirmed for eligible student status.
Fee Payment Options:
Credit Card: Click the red "Register Now" button listed above
Check: Mail check (payable to CTTMA) + Business Card to CTTMA, P.O. Box 1034, Weston, CT, 06883. Receipt deadline: Noon, Friday 11/16/18
CTTMA Bucks: CTTMA Annual Sponsors are invited to register using their CTTMA Bucks by emailing registrant(s) complete contact information to email@example.com. Receipt deadline: Noon, Friday 11/16/18
CANCELLATION | SUBSTITUTION POLICY
CTTMA, ACG CT, XPX CT uphold a strict no cancellations, no refunds and no application of registration fees to future events policy. However substitutions are welcomed. To send a substitute in your place, simply email the following information for your substitute to firstname.lastname@example.org by Noon, Friday 11/16/18: Name, Firm, Business Title, Address, Email and Phone. Thank you.
Event Questions: CTTMA Chapter Executive, email@example.com
Sponsorship Questions: ACG CT Chapter Executive, firstname.lastname@example.org
Business owners commonly face a dilemma of whether to hold on to their business, continuing to enjoy its financial rewards and the sense of fulfillment and purpose it gives, or cashing in to secure their future and lower their risk profile. Oftentimes, a need for liquidity, either for oneself or for a passive shareholder, may drive the owner to sell before he or she is ready. Adding to the anxiety, the question of when to sell can arouse all sorts of fears that had been suppressed or ignored over the years, such as:
There is a path that a surprising number of entrepreneurs are not aware of, one that lies in that middle zone and lets them keep the cake while taking an outsized slice for themselves – a partial recapitalization. Rather than agonize over whether they are selling too soon, owners should give serious consideration to a recap because it allows them to continue to own and control their company while still addressing any liquidity needs or securing their personal finances.
In this session, we will hear from an owner who has sold his business. The discussion will cover the good and the bad, the emotional rollercoaster owners experience, his experience with his advisors, and what pitfalls to avoid.
Several organizations exist for business owners who have sold their business and come into life changing wealth. Tiger 21 is a peer membership organization for high-net-worth wealth creators. The organization currently has more than 500 Members across North America and London, collectively managing approximately $51 billion in assets. The group holds monthly meetings that provide its members with a confidential peer forum in which to explore a range of critical issues including investment strategies, wealth preservation, philanthropy, estate planning, health issues, and family governance.
Businesses that are established by two or more founders commonly face a point when one founder wants or needs to exit the business before the other. A useful tool in those situations is a buy/sell agreement, hopefully set up early on in the business, which determines the terms and valuation to allow the remaining owner to buy out his partner. In this session we will explore:
When is the right time to implement a buy/sell agreement?
How is valuation determined?
What is the alternative to a buy/sell agreement?
When seeking to attract capital into your business, owners need to understand the language and motivation of institutional investors. Owner often don’t understand that selling to investors is entirely different than selling to customers. In this session we will cover:
How to position your company to investors and where it sits relative to larger companies in its industry
Being candid about the company’s shortfalls and areas for improvement
How to approach financing sources
No company should execute a transaction without professional help. In this session we will explore:
Join us for our annual summer evening of outdoor summer networking with fellow professionals interested in the exit planning space. Invite a colleague who would benefit from learning about XPX Fairfield.
We will have an open bar, appetizers and a hot dinner buffet.
If it rains we have space inside the club.
View from the Outdoor Patio!