Business Owner Advisory Services
We specialize in working with business owners who encounter the daily nuances, challenges, and opportunities associated with the financial aspect of their business.
Take a look at the ways in which we support our clients who own privately held businesses.
Take a look at the ways in which we support our clients who own privately held businesses.
Using vehicles such as executive compensation, defined benefit and contribution plans, and non-qualified deferred compensation, we can help implement strategies that benefit you and your employees and mitigate your tax burden.
Looking out for you, your family, and your business, can be emotional, confusing, and time-consuming. You want your business to be left in good hands while still remaining true to your personal goals. We’ll help you determine and implement a strategy that’s right for you as you step away from your organization.
Employee stock ownership plans are tax-advantaged benefit plans that give workers ownership interest in your company. ESOPs are a great strategy for facilitating succession planning by transferring ownership of your company to your employees.
A valuable benefit for your employees, retirement plans are a wonderful way to invest in them – and there’s an opportunity for business owners to mitigate their tax burdens in offering this option. Our team can help you choose a plan that is suitable for your business and even meet with your employees to discuss the basics of investing in their retirement.
For the protection and longevity of your business, it’s best practice to have a plan in place if something unexpected should happen to you or your business partner(s). Through establishing a cross-purchase or redemption agreement, you can ensure that remaining shares will go to the right place.
This is a life insurance policy that we encourage business owners to buy if the death of a critical individual would be devastating to the business. This important (and often overlooked) strategy protects the business in the event of an untimely or unexpected loss of a key employee – this could be a top executive, or for a small business, an owner or founder. Your business is the beneficiary of the policy if this person dies.
Wells Fargo Advisors and its affiliates do not provide legal or tax advice.
*Offered by Wells Fargo Bank, N.A.
1Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company and are underwrittent by unaffiliated insurance companies.
Wells Fargo Bank, N.A. (‘the Bank’) offers various banking, advisory, fiduciary and custody products and services, including discretionary portfolio management. Wells Fargo affiliates, including Financial Advisors of Wells Fargo Advisors, may be paid an ongoing or one-time referral fee in relation to clients referred to the Bank. In these instances, the Bank is responsible for the day-to-day management of any related accounts.
*Offered by Wells Fargo Bank, N.A.
1Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company and are underwrittent by unaffiliated insurance companies.
Wells Fargo Bank, N.A. (‘the Bank’) offers various banking, advisory, fiduciary and custody products and services, including discretionary portfolio management. Wells Fargo affiliates, including Financial Advisors of Wells Fargo Advisors, may be paid an ongoing or one-time referral fee in relation to clients referred to the Bank. In these instances, the Bank is responsible for the day-to-day management of any related accounts.
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