Products & Services for Business Owners
We are committed to helping you maximize the success and profitability of your business. Our specialized products and services can help give your business the cash flow and support it needs to thrive.
Additionally, we have access to a team of business owner advisory specialists who can help with transitioning your business, whether selling or transferring to a family member. Beginning the succession planning and exit strategy process can be done many years in advance to help ensure a successful transition. We are passionate about helping you prepare for one of the most important financial events of your life.
Key Person Life Insurance
Proceeds from this type of business insurance can help offset the loss of sales your business would experience or expenses it may incur if a key person dies.
Business Owner Life Insurance
As a business owner, it’s important to consider both replacing the income your family depends on, and also providing funds to pay off business-related liabilities.
Employee Retirement Savings Plans
A retirement savings plan is a great way to help you reach your own retirement goals, provide potential tax-saving benefits, and help attract and retain talented employees. There are numerous plan types and the rules around them can be complicated. Your Financial Advisor can help you choose and implement a retirement savings plan that suits you and your employees.
Funding a Buy-Sell Agreement
If your business has more than one owner, you need to understand the risks you may face if one of you dies unexpectedly. A buy-sell agreement sets up how ownership of the business may be transferred if one owner dies.
Selling a Business
If you’re planning to sell all or part of your business to a co-owner, one or more of your children, employees, or someone else, it’s important to consider if you will stay involved. With our LifeSync experience, you and your Financial Advisor can plan around your real-life goals and needs and address important questions.
Succession and Exit Planning
If you are working with your attorney or CPA on plans to keep your business in the family, sell your interest to a key employee or co-owner, or prepare it for sale to another company, your Financial Advisor may be able to help you evaluate different options and considerations that affect the business's current cash flow and your future financial position.
Next Steps
You’ve worked hard to build your business. We’re here to help and build a team of professionals to assist you. Talk to your Financial Advisor about how we can help you with the next stage of your business.