WEALTH MANAGEMENT FOR BUSINESS OWNERS
Exit planning: When will work become optional?
Our team has experience helping business owners plan for their unique wealth management goals.
Our focus: helping business owners thrive
Business owners must manage a variety of competing priorities. We can help them grow and manage their wealth so that they can meet their most important goals.
The challenges that successful busines owners face often include:
- Understanding and growing business value
- Identifying key drivers of value acceleration
- Aligning business and personal wealth to optimize both
- Using their business to reach financial independence
- Preparing for a profitable exit, whether that is years or decades away
- Leaving a legacy for family, friends, and community
From creating financial plans to investment management, retirement, tax efficiency, exit planning, and estate planning, Wealth Enhancement provides comprehensive wealth solutions to executives and business owners.
Comprehensive business growth and exit planning
Timing, along with comprehensive financial planning, is key to successful exits. We help owners with integrated business valuation, business growth and exit planning, retirement income, and estate planning services that are crafted to meet their unique goals.
Wealth planning for business owners
Wealth Enhancement provides financial and exit planning strategies for business owners, delivered via a subscription-based consulting model.
Our plans are designed to align personal and business financial planning, accelerate business value, and maximize post-transaction proceeds to empower owners before, during, and after the sale of the business.
Services for business owners
Comprehensive wealth management goes beyond investing and asset management. Our integrated approach to tax, retirement, and estate planning meets the unique needs of business owners. We can also consult on employee group life, health, disability, and ancillary products.
Unlock the lifetime value of a business
Even savvy business owners fall into the trap of hyper-focusing on growing their customer base, sales, or revenue. But business growth does not equal business value. A focus on understanding the key drivers of business value helps owners avoid some of the harsh realities here:
Building wealth for legal professionals
Legal professionals often face unique career challenges, including demanding schedules, high-pressure cases, expensive educations, and volatile incomes.
Without careful planning, professional challenges can become daunting financial challenges:
Of law school grads carry student debt, averaging $145K*
Of lawyers have less than $100K saved for retirement**
Have significant fluctuations in monthly income***
Have a long-term financial plan in place****
Legal professionals can address many of these issues head-on with a comprehensive financial plan.
* LawHub, ** CoinLaw, *** Martindale-Avvo, **** American Bar Association