Building Wealth Outside of Your Business
Core Wealth Management
Most Entrepreneurs bet on themselves, as they should. The savvy Entrepreneur take some of their business profits and invest in other options. Call it a “side” bet or taking some money off the table. Our Core Wealth Advisors will help you craft a plan with your business as the primary investment, while spreading the risk.
Working with Core Wealth you receive:
Individual service from a dedicated registered investment advisor that knows you and your business
Integrated investment and tax strategies
Maximized tax savings
Investment advice that works with your tax plan
Opportunity to build wealth outside of your business
Sample Client’s Solutions…
For over 25 years, we’ve worked with businesses to maximize their wealth. Here are some examples of client’s stories. We’ve changed their names, but they are real stories.
Managing Volatile Times
During the pandemic, there were many times of panic. Because Jack worked with a Core Wealth Advisor, he was able to maintain his long term focus, and take emotions out of the decision. After the period had passed, Jack called to thank his Advisor for “keeping them going”.
An Unexpected Exit
Joanie and her husband planned on selling their business to fund their retirement. When the time came, there was a severe downturn in the industry, and their business was no longer worth selling. Because they had used Core Wealth to fund a 401k and Cash Balance Plan for several years, they didn’t need to sell their business to retire.
Choosing the Right Retirement Plan
Amy and Brian had been contributing to a SEP for years. But they were unsure if that was the best solution for their business. While working with their Core Wealth Advisor, the decided a switch to a Solo 401 (k) was the best choice for them. Using the 401 (k) instead of the SEP, they were able to save substantially on their taxes and spend that money on more valuable things.
The Core Wealth Process
Every Core Wealth client will have an annual meeting to discuss expectations around wealth management. This meeting will be separate from any other meeting outside of the Core Financial and Core Tax Process™.
What will be discussed and what to expect:
Financial Goals and objectives
Risk Temperament
Risk Categories
Retirement Plans
Contribution Deadlines
Auto Employee enrollment
Investment Services
Financial Plans including business evaluation
Fee only solutions to help you achieve your financial goals
Financial professionals and CPA's, that specialize in individual and small business
Unique business solutions tailored to your unique needs