WEALTH ADVISORY SERVICES FOR PROFESSIONAL PRACTICES
Is your Practice as successful as it could be? Employee benefits can actually save you money.
Turnover is an enemy of every professional practice. Employee benefits are the number one way to help keep your best assets. Our personal evaluation of your current offerings and packages may help save you money while increasing satisfaction among your staff. Benefit options can include: Group Life Insurance, Medical Insurance, Dental Insurance, Long-Term Care Insurance, Qualified Retirement Plans, Special Options for Executives.
You’re working hard – when and how can you enjoy the fruits of your labors? Investment Management & Retirement Planning
Your financial plan is a dynamic document which must be flexible to accommodate changes - in the economy and in your own life. We review your investments periodically, discussing each change and how it impacts your financial plan. Both your business and your personal investment accounts receive our professional monitoring, reviews and recommendations.
When is the right time to begin planning your exit strategy? Business Continuity and Succession Planning
Too many people limit their options by NOT planning for the future TODAY. What would happen if one of your partners died suddenly? Or if you became ill and had to leave your practice? How will you depart with the greatest return on your investment of time and money? Has your Partnership Agreement been reviewed since you joined/established your group? How much will your family benefit from your business if something happens to you? Periodic reviews of ownership transition plans, buy-sell agreements, and insurance analysis, such as key-person policies, will help make your transitions smoother, and can save you from financial difficulties.
What business entity best serves your needs?
Professional Services Corporation, Limited Partnership, C Corporation, S Corporation
Tax Planning can help reduce taxes for your estate and your business, as well as your personal taxes. Does your practice implement an “advanced” income tax reduction plan? Tax issues change frequently, and your tax situation is not static. Your situation and your needs should be reviewed regularly. Our aim is to keep your assets in your estate by planning. We offer a network of top attorneys, CPAs, and business consultants who are available to help and support you. We’re also available to work with your own attorneys and CPAs.
It is very difficult to do your succession, retirement, and tax planning, while you simultaneously work hard at building your successful professional practice. We’d like to help, to take some of the burden from your shoulders. This allows you to relax and enjoy your life and your work. Planning in place, you have confidence based on knowing that you’ve taken steps to help protect yourself and your business. Simplify your life.
