Working with entrepreneurs
BUSINESS FORWARD
As a firm established by entrepreneurs, for entrepreneurs, we are in a position to bring an experienced perspective and advanced understanding of the complex opportunities and challenges that business owners face at every stage of their personal and business lives — from launch, growth, exit and beyond.
When thinking about the transition of a business, it is important to recognize the tough questions to ask yourself prior to deciding the best path forward for you, your family, and your business. The key to navigating a smooth transition is having a trusted, experienced advisor to help you identify the challenges, emotionally prepare for change, and effectively communicate to your entire team.
What It Looks Like
goal
Develop and maintain a liquid investment portfolio independent of my private business entities and volatility of the investment markets
completed
Reduced interest rate on personal debt by 30% and restructured to achieve tax deduction
completed
Building an investment portfolio that coordinates with private business ventures
completed
Developing a portfolio distribution plan to fund lifestyle independent of business ventures
Still To Do
Review business debt strategies for strategic opportunities
goal
Create and implement the succesion plan for our privately held family business
completed
Assess internal and external succession options
completed
Structure the business to mitigate or eliminate taxes as we go through succession strategies
Still To Do
Evaluate family member compensation and distribution strategies
Still To Do
Determine feasibility of alternative internal solutions, such as ESOP
Knowing you have a clear strategy for your wealth can provide peace of mind and allow you to focus more on running your business, enjoying your life and continued success. We provide comprehensive support every step of the way.
EXPERIENCE & EXPERTISE
With hundreds of years of combined experience, we know the challenges and pitfalls business owners most commonly face — and how to avoid them.
CUSTOMIZED STRATEGIES
We leverage deep resources and insightful analysis to craft a strategy customized to your unique needs and goals. The result is a more balanced and well-thought-out plan.
TIME EFFICIENCY
By simplifying the complexities of wealth in their personal and professional lives, we are able to give successful business owners more of their time back.
COMPREHENSIVE SERVICES
Our uniquely integrated set of services means you can count on us as your single trusted partner throughout the complete lifecycle of your business and beyond.
Your Exit Plan
On every entrepreneurial journey, there comes a time when you’ll need a plan for the next stage—succession, transfer or sale. We’ve developed customized solutions to help many business owners navigate the challenges involved, including:
- Valuing your business and ensuring you receive full value
- Analyzing the effectiveness of your buy-sell
- Successfully transferring business ownership
Family First
How are you talking to your family about your wealth? Learn how our experienced team can help navigate intrafamily dynamics by taking a proactive approach to solving complications with your family.
- Financial Planning
- Investment Management
- Income Tax Planning
- Insurance & Asset Protection
Private Wealth Services
Our mission is to provide a comprehensive suite of services to bring the financial aspects of your life into harmony under a single strategic platform. At Waldron, you’ll have a specialized team working in coordination to plan and manage your wealth.
Beyond Wealth
Recognizing that time is wealth, we work to seamlessly integrate a set of lifestyle services — like travel planning, bill pay and family enterprise services. Learn how these services may help enrich your personal, professional and family life.
Insights
Preparing for the tax sunset
by Patrick Cortazzo, CFP®, ChFC®, CSLP®
WALDRON PRIVATE WEALTH IS EXCITED TO ANNOUNCE THE HIRING OF BRETT REES TO LEAD OUR MID-ATLANTIC EFFORTS
by Michael Krol, CFP®, CPA
Decoding The Generation Skipping Transfer Tax
by Lindsay Wilcox, CFP®, CTFA, CHFC®