Customized strategies for business owners and entrepreneurs

As a business owner, you’ve built something you care about – and you want to see it last. We’re well-versed in the challenges and opportunities before you and as your financial guide, we help you see all angles of the bigger picture – important things like succession planning, passing on a legacy to the next generation and helping to ensure your workers have options for retirement planning.

We help you cut through the complexity of your financial situation to create, implement and manage an all-encompassing plan designed to pursue your goals – personally and professionally. Our strategies capitalize on our deep resources and insightful analysis and are customized to your needs.

CASE STUDY: Business Owner

Steve and Sylvia were successful business owners who had accumulated significant wealth, the bulk of which was tied to their company (~$16 million). They hoped to sell their business within next five years and to use the proceeds to fund their retirement, to leave a legacy for their two kids, and to meet their philanthropic goals. After working hard for most of their lives, they were looking forward to enjoying quality time with their family and travelling.

Key Considerations:

  • Wealth management and financial planning
  • Tax minimization
  • Insurance opportunities
  • Estate planning
  • Business succession plan
  • Charitable giving

How We Helped:

  • Conducted an in-depth discovery to understand their full financial picture, determine their short and long-term goals, priorities and risk tolerance.
  • Completed a comprehensive financial plan to identify gaps between their current financial circumstance and their goals.
  • As a result of the plan, we devised a tax-efficient savings and investment strategy, including the use of an Individual Pension Plan and corporate-owned permanent life insurance.
  • Designed and deployed a well-diversified portfolio, focused on tax-efficient long-term growth.
  • Collaborated with our estate and insurance specialists and recommended strategies to minimize the erosion of their estate from taxes.
  • Recommended two succession planning specialists.
  • Through the Raymond James Foundation, we established the Steve & Sylvia Foundation to manage investments and provide funds to their designated charities, both during their lives and after their passing.