THE AFTER LIFE - FINANCIAL LIFESTYLE PLANS AND PAINS OF A BUSINESS OWNER AFTER THE SALE OF THEIR BUSINESS
To the external world the sale of a business is the culmination of a lifetime of hard work. But to the business owner, it can be both the happiest day of their life as well as the saddest day.
Once the business is sold, business owners very often lose their identity. They struggle to keep themselves busy and become paralyzed financially not knowing if the sale proceeds will allow them to maintain the standard of living that the business afforded them. They are also unsure if they will be able to gift to their children and give to causes they are passionate about.
In this session, you will learn about:
- What retirement looks like to a business owner in a post sale world
- Wealth planning, long-term financial planning, investment management are all issues that will be introduced and discussed as a business owner begins to define a new financial road map across unknown terrain in a post liquidity event landscape
About the Presenter:
Learn from industry expert, John Benun, Capital Group Private Client Services.
*Please Note: This meeting is free to attend virtually. If you are attending virtually, please register here through Zoom. If you are attending in-person, please use the button on the right.
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EXIT PLANNING IS GOOD BUSINESS STRATEGY
The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.
Meet John Benun:
John Benun is Senior Vice President Private Wealth Advisor with Capital Group Private Client Services. John works with business owners as they prepare to sell their companies. Their businesses may have defined their lives for so long that the transition can leave them feeling vulnerable or uneasy. I work with clients to develop a financial road map that can help them achieve clarity and pursue the next chapter in their lives, whether it’s retirement or a new venture, with optimism and confidence.
John involves multiple generations in the planning process, educating children and even grandchildren about the responsibilities that come with wealth and guiding the entire family in how to think about their financial future. John’s goal is to help clients feel secure and free them up to focus on what’s most important to them throughout their lives.
Previously, John was Senior Vice Present and Private Client Advisor with U.S. Trust, Vice President and Market Manager with BNY Mellon Wealth Management, Vice President and Alternative Investment Specialist with Morgan Stanley and Senior Vice President and Regional Sales Manager of Northern Trust.