Invoices. Profits. Revenue. Overhead.
When you’re consumed by financials, you’re constrained to take the next step in professional greatness. That’s why wealth management for business owners is so crucial: the daily decisions you make compound, affecting your company’s livelihood and the prospects of a life well lived.
Business Owner Challenges:
Our Wealth Management Solutions: Accurately forecasting cash flow with advanced modeling as well as establishing a sufficient operational reserve fund.
Our Wealth Management Solutions: Structuring your company appropriately (e.g. LLC vs S-Corp); mitigating risk with appropriate insurance; establishing clear income structures and boundaries.
Our Wealth Management Solutions: Implementing lending initiatives, including Strategic Business Loans or using your business as collateral.
Our Wealth Management Solutions: Creating a diversified, resilient portfolio that honors your goals, legacy and the sum of your life’s work
Our Wealth Management Solutions: Establishing a rock-solid business succession plan that considers whether selling to a third party or transferring to your family makes most sense for your estate planning strategy.
Our Wealth Management Solutions: Providing a realistic, fair market value valuation; working with your CPA to minimize taxes; coordinating with attorneys for a smooth and streamlined sale
Our Business Owner Clients:
Work in farming, construction and non-profits
Are headquartered across 22 states
Entrust us with a combined $950 Million in assets
The Investing Questions Business Owners Ask Us:
The list runs long, from vigilant bookkeeping, to appropriately valuing your business and thinking about your succession planning. Selling your business will likely be the most important transaction of your life, so we recommend thinking ahead three years, at minimum.
Wealth management for business owners is highly sensitive to tax minimization because we can’t invest what you don’t keep. That’s why installment sales, implementing a Charitable Remainder Trust (CRT) or selling to an ESOP (Employee Stock Ownership Plan) are options we consider, among others.
Wells Fargo Advisors does not provide legal or tax advice.
This depends entirely on your situation, goals and timelines. We typically create a diversified portfolio that balances alpha (growth potential) and beta (stability). At the same time, using proceeds to pay down debt might also make sense. In short, post-exit planning changes from client to client.