Analyzing successful businesses and providing for their continuation.
Many Kaplan Financial clients have founded or led successful businesses, and a large portion of their wealth depends on the continued growth and stability of these enterprises. Regardless of the size of an operation, there are some universal financial strategies that can be put in place seeking to make sure a business is prepared to thrive during our client’s lifetime—and continue to generate wealth for the next generation.
Some areas that Kaplan Financial advises our business-owning clients on include:
Attracting and retaining key employees by properly balancing compensation and benefits packages (e.g. healthcare, disability, paid time-off, etc.)
Retirement planning for owners and key personnel
Retirement plan offerings for employees
For some clients, the sale of their business is a strategy they’ll use to fund their retirement and/or generate wealth designed to be passed along to their heirs and family. For these business owners, Kaplan Financial offers services designed to address these transactions from equity and tax perspectives. We can help analyze the advantages and drawbacks of various sale/transfer methods, including:
Structure of ongoing management and ownership teams
Creation of an ESOP
“Key Man” Insurance analysis (coordinating with your insurance advisors)
In addition, Kaplan Financial provides ongoing business-finance planning around many regular areas of business operation (e.g. cash flow, bond issuance), management, and tax planning, including executive compensation in the form of stock options.
Barron's Top 100 Financial Advisors 2022 is based on assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
The Forbes ranking of America’s Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receives a fee in exchange for rankings.