Here’s a good New Year’s Resolution for financial professionals: learn more about employee stock ownership plans. Why? Because if you don’t know much about them, you may be missing a unique opportunity—one that could help you unlock millions of dollars in previously unavailable assets, demonstrate your value to high net worth clients and grow your business.

Baby boomers hold a tremendous amount of assets in privately owned businesses. According to a 2010 LIMRA study, the value of business ownership for individuals age 55 to 70 who haven’t retired is estimated at $4.8 trillion.

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