Are your risk tolerance and risk capacity aligned?
One of the most important attributes of the wealth management process is to manage risk.
Securing Your Future: An Unexpected Exit Strategy for Business Owners
The surprising reality is that more than half of businesses are sold in an unexpected manner. This fact often catches owners unprepared, potentially leaving them in sub-optimal situations, both financially and emotionally. It's important to be ready for an exit, even if you're not planning one right now. Here, I'll be discussing the essential items to work on to help ensure you're prepared for an unexpected business sale.
Are You Getting The Most Out Of Your Retirement Plan?
Looking to save on taxes, maximize your retirement savings, create significant asset protection, and reward, recruit, and retain your employees, consider adding a cash balance plan to your existing 401(k) plan. Depending on your personal goals, there are many other retirement planning and benefit options that could also be of help. Choosing the right retirement planning option is one of the most important financial decisions a business owner will make for their business. Here are some key takeaways from our blog on how Century Management Financial Advisors can help.
Good Succession Planning Is Good Business Planning
Often times a business is sold prematurely due to death, divorce, disability, distress, or disagreement. If your business is not prepared and ready to transition, you and your beneficiaries may not maximize your sales value.
Managing Money During Periods of High Inflation
What should investors consider during periods of high inflation? The stock market, as measured by indices like the S&P 500 and FT Wilshire 5000, has been very resilient from the bottom of the Great Financial Crisis of 2008/2009. We believe the primary drivers of this performance have been low interest rates, low inflation, and cheap energy.
Our Thoughts On The SVB Collapse & The Preservation Of Capital
By now, most of you are aware that federal regulators have shut down Silicon Valley Bank (“SVB”), a big lender to start-ups in tech and venture capital (roughly 40% of tech start-ups were customers of SVB), after its parent company disclosed losses that raised fears about other banks. As a result, many financial companies have had steep declines over the past few trading sessions as questions about the health of the banking sector have come into focus.