Solutions for Business Owners & Executives

When you meet with your financial advisor have you ever wondered if their recommendations are really in your best interest? Or were you reluctant to meet with your financial advisor because you didn’t want to be “sold” another product? We help with that by getting to know you through conversation and analysis of your current situation. We call this our client-centered process. We then make recommendations of options appropriate to your specific situation. You are the center of the process. The mutual conversation about positives and negatives of those solutions empowers you to make wise decisions regarding your financial path. We then guide you to implement your decisions and continue to monitor your plan. As circumstances change, we work with you to adjust accordingly. You never have to “go” it alone.

The success of most businesses is tied into the talent, passion and work ethics of their key executives. Executive benefit packages can help you attract, motivate, and retain high-caliber employees and keep your company healthy and stable. We can help you with funding non-qualified plans, supplemental employee retirement plans, split dollar plans, and more.

One key to bringing on and keeping talented employees are the types of compensation and benefits your company can offer. We work with business owners to educate them on the types of employee benefits packages they have access to, and to help them choose the type that best fit their company's needs.

Succession planning allows owners to leave their business on their own timeframe while preparing their company to be transferred to family members, key employees, an outside party, or even a charity. This must be done in a way that achieves personal financial security, maintains harmony, and achieves maximum value for the business.

Key person life insurance offers a death benefit that helps indemnifies an employer for the loss of one of its most important assets - the key person. This can help assure continuity of the business for employees, customers and creditors, and protects against losses in sales, momentum, and credit. It can also be used to assist with recruiting and developing a replacement for the employee.

A buy–sell agreement is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies or leaves the business, whether by force or by choice. A funded cross-purchase buy-sell plan utilizes life insurance to help ensure that the arrangement is properly funded so that there will be money when the event is triggered.

Deferred compensation is a written agreement between an employer and an employee where the employee chooses to have part of his or her compensation withheld by the company, invested on their behalf, and distributed back to them at a pre-determined point in the future. Deferred compensation can be used as a flexible way to attract and incentivize key employees.