Frequently asked questions
Begin without having
everything figured out.
The first step should take pressure off, not hand you homework.
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Begin without having
Getting started
Do I need to be ready to sell?+
No. The best time to start is often before you’ve picked a path. Starting early keeps options open instead of forcing one.
Do I need a valuation or documents?+
No. The first conversation can start with your situation, the assumptions you’re making, and the questions you can’t answer yet.
Will I be asked to enter financial information?+
You can use rough figures in the guided journey or defer the financial model entirely and discuss numbers privately.
Does Morrowgate replace my CPA or attorney?+
No. Your tax, legal, valuation, banking and deal specialists stay essential. Our job is to make sure their work adds up to one plan that works for you.
What happens after I submit?+
Greg reads what you sent and replies personally. The first conversation follows your agenda and ends with what deserves attention next.
Is the online model advice?+
No. It is an illustrative planning scenario, not tax, legal, valuation, or investment advice. Real assumptions require review by the appropriate professionals.
Your money and our firm
Where is my money held?+
In your name, at an independent custodian: primarily Fidelity, with Schwab available. Statements come to you directly from the custodian, not from us.
Who is Regal Investment Advisors, and why is it mentioned?+
Investment advisory services are provided through Regal Investment Advisors LLC, an SEC registered investment adviser that is independent of Morrowgate Private Wealth. The broader team at Regal supports the advisory platform and investment work. SEC registration does not imply a certain level of skill or training.
What does it cost? Is there a minimum?+
Pricing and any applicable account minimum are explained before you decide whether to proceed. Nothing is agreed in a first conversation. See fees and fit →
Do you only work with business owners?+
No. Morrowgate works with business owners, families and individuals in Rochester and Western New York, including people who split the year with Florida. See how we work with families →
What does CEPA® mean?+
Certified Exit Planning Advisor, a credential from the Exit Planning Institute. It requires five years of full-time or equivalent work directly with business owners, a 17-module program and a proctored exam, plus forty hours of continuing education every three years. Greg Garone holds it.
Advisors and retiring advisors
My financial advisor is retiring. What should I do?+
Slow down first: nothing usually has to move right away, and the successor you were introduced to is an option, not an obligation. Our step-by-step walkthrough covers the first 30 days and the questions to ask any advisor. We would be glad to be one of the advisors you interview.
I’m an advisor thinking about retiring. Does Morrowgate take on practices?+
Morrowgate may be interested as a prospective successor, for a whole practice or a group of relationships. Any arrangement depends on mutual fit, diligence, required approvals and definitive agreements. Start with the advisor succession guides →
Didn’t see your question?
Ask it directly.
A sentence or two is plenty. Greg replies by email, usually within one business day.