Business Owners
Owning and operating a successful business today is challenging. In addition to expertly serving your clients, you are often called upon to handle human resources, compliance, public relations and advertising, and financial operations that detract from your ability to do what you do best. We can assist in enhancing your ability to attract and retain employees, plan for business succession, reduce risks associate with the illness or death of key employees, and managing cash reserves and investments.
Business success is directly linked to employee satisfaction, and today’s workers understand the importance of retirement savings plans, medical and other insurance coverage, wellness programs, and other benefits as essential to their financial security. Attracting better-quality employees, keeping morale and productivity high, and retaining talented personnel makes your business stronger and better able to compete in the marketplace. We can help you identify and select a retirement plan that fits your needs, insurance plans that address your risks, and employee benefit programs that your employees want.
Planning for the future of your business requires addressing how operations would be affected by the untimely loss of a co-owner or an essential employee. By collaborating with your legal and accounting professionals, we support efforts to mitigate such risks through the development of buy-sell agreements, securing key person insurance, and establishing business succession plans. Addressing such issues today can ensure the continuation of your business, no matter the contingency.
How a business manages its finances can also be critical to its long term success. Whether it is keeping liquid short term capital or building a longer term investment strategy, we can help clarify your options and build a coherent plan. In addition to traditional investments, our partnership with LPL Financial makes it possible to offer business owners cash and banking options on an institutional scale, including insured cash deposits, money market accounts, brokerage CDs and more.
401(k), 403(b) and SIMPLE IRAs
Would you like to know which type of retirement plan is right for you and your business? We help with the implementation of 401(k), 403(b) and other defined contribution plans, including a review of current investment strategies and cost structures on existing plans.
Employee Benefit Programs
A solid employee benefit program is essential to retaining and recruiting high quality employees. Our services include life, health, long-term care and accidental death and dismemberment insurance, as well as retirement plans.
Key Person Insurance
Losing a key person in your business can be devastating. Key person life insurance offers a death benefit that can help cover financial losses resulting from the passing of an essential team member. We review existing policies to find better rates and benefits, and provide rates and terms for new policies.
Business Succession Planning
Do you have a plan in place for how you will exit your business? We can work with you and your legal and accounting professions to develop a succession plan that allows you to sell or transition your business to the next generation, a third-party, or a key employee.
Business Money Management and Investments
We offer full asset management for business investments, and review existing portfolios for better efficiency and possible fee reductions.
