Bergamot Practice Owner Program Five Pillars Summary
A concise framework for practice owners turning practice success into durable personal wealth
Who this is for
Practice owners with $1M–$5M+ in investable assets (or a clear line of sight via a future transition) who want a coordinated plan that connects practice decisions to personal outcomes.
The framework includes two tracks to match your current stage:
- Mid-career track: Focused on optimization, growth, and building optionality.
- Senior-career track: Focused on transition timing, deal decisions, and retirement income.
The Five Pillars
Pillar 1: Financial Foundation & Tax Optimization
- Mid-career: Build systems to stabilize cash flow and use retirement design as a tax lever.
- Senior-career: Organize pre-transaction tax decisions and liquidity planning for after-tax clarity.
Pillar 2: Practice Profitability & Strategic Growth
- Mid-career: Improve profitability and build enterprise value to increase owner freedom.
- Senior-career: Normalize financials and reduce owner dependence to protect value during transition.
Pillar 3: Succession, Buy-In/Buy-Out & Transition Architecture
- Mid-career: Create internal succession paths and governance to ensure future leverage.
- Senior-career: Compare offers and timing with an after-tax, lifestyle-based scoreboard.
Pillar 4: Personal Wealth & Retirement Design
- Mid-career: Build liquid wealth outside the practice to reduce dependence on a future sale.
- Senior-career: Design “paycheck mode” to fund lifestyle with tax awareness after a transition.
Pillar 5: Risk, Legal & Legacy Coordination
- Mid-career: Establish baseline protection systems as the practice and balance sheet scale.
- Senior-career: Coordinate protection during transition and simplify legacy/beneficiary alignment.
What to expect
Most relationships begin with a diagnostic, then progress to implementation and ongoing coordination.
| Step | What happens | Outcome |
|---|---|---|
| 1) Fit Call (15 min) | Confirm goals, timeline, and whether you are mid-career optimization or senior-career transition focused (or a blend). | Clarity on fit and next step. |
| 2) Wealth & Exit Readiness Checkup | Structured review across the Five Pillars; identify top opportunities and blind spots; coordinate questions for CPA/attorney. | A prioritized set of actions and decisions. |
| 3) Roadmap + Implementation (as needed) | We build and help execute the plan with a tax-aware cadence and advisor coordination. | Progress that stays on rails as the business evolves. |
Next step
The next step is a short Fit Call to confirm alignment and outline what the Wealth & Exit Readiness Checkup would cover for your situation.
DISCLOSURES
The information contained herein reflects the opinion and projections of Bergamot Asset Management LP (“Bergamot”) as of the date of publication, which are subject to change without notice at any time subsequent to the date of issue. Bergamot does not represent that any opinion or projection will be realized. All information provided is for informational purposes only and should not be deemed as legal, tax, investment advice or a recommendation to purchase or sell any specific security. This shall not constitute an offer to sell or the solicitation of an offer to buy any interest in any fund managed by Bergamot or any of its affiliates. While the information presented herein is believed to be reliable, no representation or warranty is made concerning the accuracy of any data presented. Market conditions can vary widely over time and can result in a loss of portfolio value. Past performance does not guarantee future results.
