Wealth Management for Business Owners
Running a business consumes your time and focus. Yet, your goal of achieving financial independence should never take a back seat. Learn how our specialized wealth management for business owners can help you secure your personal financial future while you continue to grow your company.
Common Questions and Challenges
- How can I balance investing in my business with saving for the future?
- What strategies can help lower my taxes?
- How can I structure my financial life so a business downturn doesn’t impact me as much?
- Will I be able to afford my current lifestyle after I sell my business?
- How can I protect my family’s assets from lawsuits or other business liability?
How Genesis Can Help
Our wealth managers are experienced in helping entrepreneurs like you get in control of your finances and move toward financial independence. In the process, we make it easier for you to focus on your business by taking care of your financial planning and wealth management needs.
Comprehensive Wealth Management for Business Owners
We know you’re driven to build your business, but we’re here to help you secure your own financial future, separate from the company. That means considering your entire financial life and finding strategies to help you diversify some of your profits into personal assets. Our Wealth Planning for Life™ process helps ensure we address all your needs, goals and blind spots. The result? A robust, integrated financial plan that prioritizes your long-term financial well-being…no matter what happens with your business.
Business Succession Planning
Your business is your legacy, and planning for its future is a crucial part of wealth management for business owners. We can help you with business succession planning, focusing on leadership transition, ownership transfer, and tax implications. We collaborate with your legal advisors to help ensure a smooth transition that protects your business and personal assets.
Investment Management for Business Owners
Investing can sometimes feel like a game of chance. It doesn’t have to be that way. Instead, your Genesis Executives Wealth Manager takes an evidence-based approach to develop personalized investment strategies based on your needs. We consider a variety of asset classes, from equities and fixed income to real estate and alternative investments, to craft a well-balanced financial portfolio that effectively diversifies your wealth.
Retirement Planning Tailored for Business Owners
While you’re busy conquering today’s business challenges, we ensure you don’t lose sight of your long-term objectives. Our CERTIFIED FINANCIAL PLANNER™ professionals help you maximize your retirement contributions and develop tax-efficient retirement income strategies. Beyond your own financial future, we can also help you design and implement employee benefit programs that not only help attract top-tier talent but also provide tax advantages for your business.
Tax Planning and Optimization
Your Genesis wealth manager will work with you and your tax professional to find strategies to lower your tax bill. When it comes time to sell, our team can assist in finding the most advantageous structure to minimize tax liability. That way, you can keep more of the sale proceeds, setting a solid foundation for your personal legacy or next business venture.
Risk Management, Asset Protection and Insurance
As an entrepreneur, you’re comfortable with risk, but that doesn’t mean you should continue to tolerate it in your personal financial life. Genesis will help you analyze potential risks and help you determine the best way to protect your wealth. Options may range from adding or increasing insurance to asset protection trusts or other strategies to minimize your vulnerabilities and maximize your peace of mind.
