September 8, 2008


The Right Path from Start Up to Retirement

The Right Path from Start Up to RetirementHave you ever imagined working because it’s what you want to do rather than what you have to do? Would you prefer to enjoy the practice of management, your family, and personal interests and hobbies instead of worrying about money? If you answered “yes” to these questions, consider joining the first financial institution dedicated to management companies—MANAGEMENT ADVANTAGE®.

Barrington Bank & Trust created MANAGEMENT ADVANTAGE to fill a distinct need and to provide specific areas of service to our industry and clients by providing customized financial solutions for management company owners—from start up to retirement. Our mission is to help management company owners maximize the value of their education, designations and professional experience with personal and business financial solutions that help them manage their careers as businesses and achieve their short- and long-term financial goals.

Just like preparing for a complex board turnover meeting, it starts with a vision, a plan and a team with the right tools to execute successfully. Management is a tough and challenging field. It also has become a complex business. A variety of factors, such as attracting and retaining qualified managers, increasing legal issues, competitive pressures on income and expenses, and liability risks, impose unique financial planning and business management challenges for management company owners seeking financial independence.

The current environment for practicing management, more than ever, requires owners to manage their careers as businesses. Yet most owners have little, if any, financial training. Therefore, staying power and financial security depend on being able to operate your company as a successful business, make prudent investments, and provide for personal financial commitments, such as education costs and retirement.

What sets MANAGEMENT ADVANTAGE apart from other financial-service providers is its ability to combine money-center bank sophistication in the delivery of financial products and services with the accessibility and personal attention offered by a community bank, Barrington Bank & Trust.

Industry awareness and involvement can help build or grow a management company. MANAGEMENT ADVANTAGE’s resource approach offers the right path for owners who see the benefits of specialty niche banking for exposure, networking and referrals. Another benefit is one-stop access to industry resources, such as financial and business consultants, accountants, attorneys, insurance carriers and information technology specialists.

Just as an owner may join a network or consider a merger to enhance resources, Barrington Bank & Trust is backed by a larger financial institution. Wintrust Financial Corporation, the parent company of Barrington Bank & Trust, provides its community banks with access to broader wealth management and commercial lending capabilities. Wayne Hummer Wealth Management, another Wintrust subsidiary and Wintrust’s wealth management provider, has served as a trusted financial advisor to its clients for more than 75 years.

Combined, these companies are the source of the comprehensive financial services provided by MANAGEMENT ADVANTAGE. These services include: