Businesses

As a business owner or key executive, you have a unique planning responsibility. You not only have to consider your own financial planning needs but you also must have a strategy for so many facets of the business.

Consider just a few of these common concerns amongst business owners:

• How do I run a quality retirement program for my employees and in doing so, make sure I am protected and managing my fiduciary responsibility?
• How do I take care of my key people to make sure they have quality executive benefits not available in our basic retirement plan or group benefits?
• How do I protect the business at the death, disability, retirement, or termination of a shareholder or key employee?

Our Business Strategies group has 3 main areas of focus:

Corporate Retirement Plan Consulting:

• Able to act as ERISA 3(21) or 3(38) Fiduciary to the plan  
• Investment Policy Statement preparation and maintenance
• Ongoing plan investment monitoring
• Performance reporting
• Acting as service provider liaison
• Education services to plan committee
• Participant education and enrollment
• Fee benchmarking services

Executive Benefit Strategies:

• Supplemental executive benefits using life and disability insurance
• Non-qualified, Deferred Compensation plans

Business Continuation Planning:

• Strategies for the planned or unplanned transition of a business
• Insurance funding strategies for the buyout or continuation of a business