“We have spent decades advising corporate executives and business owners for decades, and it was through our commitment to clients that we realized that there were not enough adequate resources to meet the complex and specific financial planning needs of executives and entrepreneurs. “, he said. Michael Nathanson, CEO of The Colony Group. “Through personal financial planning for executives and entrepreneurs, we have tried to leverage our combined experience and expertise to tell a compelling story, which has a complicated theme, breaks it down and provides readers with easy-to-understand concepts on how to achieve their goals. and, ultimately, peace of mind. ”
Personal financial planning for executives and entrepreneurs shares the “five pillars of tranquility” through the goal of a fictitious couple, David and Abby, as they experience the consequences of their poor financial decisions. The book examines the results of its decisions and offers a hands-on discussion of key points and solutions, highlighting the value of specific and well-structured financial guidance and goal-based planning.
Lessons and financial learning added to the second edition include:
- Business Transition Planning: Advanced information about business transition planning from the perspective of Abby, a business owner, and her journey to sell her business. The book explores how lack of planning and prior financial mistakes could prevent a business owner from maximizing the value of their business and reinforces the importance of a long-term proven and proven process to achieve the desired results.
- Managing Concentrated Investments: Planning strategies for those with highly concentrated positions who want to move from wealth-generating concentrated participations to a more diversified portfolio that can help protect a lifestyle while mitigating tax pressure.
- ESG Strategies: Guidance for those who consider the best way to incorporate environmental, social and governance (ESG) factors into their portfolios as sustainable investment strategies gain popularity.
“To achieve financial peace of mind, we have identified five basic needs and key goals for executives and entrepreneurs to keep in mind as they navigate complex financial decisions,” he said. Jennifer Geoghegan, Chief of Staff and Strategy of The Colony Group. “Maximize the benefits of working as an executive, achieve financial independence, plan and minimize taxes, plan for others and manage risk. Focus on these five interrelated goals and find balance as you build a financial plan they are essential for executives and entrepreneurs to achieve financial peace of mind, ”added Nathanson.
Personal Financial Planning for Executives and Entrepreneurs was first published by Palgrave Macmillan in 2018. The second edition is co-authored by Nathanson and members of The Colony Group’s team of wealth advisors, financial planners and investment professionals. . Jeffrey Craig, Jennifer Geoghegan, Nadine Gordon Lee, Michael News, Max coil, Seth Hieken, Matt Ilteris, Scott McDonald, Joseph Salvati, i Stephen Stelljes. For more information on personal financial planning for executives and entrepreneurs and The Colony Group services for executives and entrepreneurs, visit: https://www.thecolonygroup.com/financial-planning-books/personal-financial-planning -for-executives- and-entrepreneurs /.
About The Colony Group, LLC
The Colony Group, LLC (“Cologne”) is an independent asset and expense management company registered with the Securities and Exchange Commission (“SEC”) with locations in California, Colorado, Connecticut, Florida, Maryland, Massachusetts, New Hampshire, New York i Virginia. Registration does not imply that the SEC has approved or approved the qualifications of Colony or its representatives. With origins dating back to 1986, Colony provides individuals and families, executives, entrepreneurs, athletes and animators, professionals, institutions and nonprofits with deep experience that goes beyond investment management and can include tax planning. , patrimonial, retirement and philanthropic. , asset allocation and sustainable investment solutions, family office services, business management services, conflict and divorce resolution services and life enrichment services through Curated by ColonyTM.
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SOURCE The Colony group