For any entrepreneur hoping to get the best wealth planning results for both their company and their family, they must go beyond the basic wealth management framework.
Savings and capital allocations: When you are simply receiving a salary then savings are clear. Put some of your income aside.
But what if you are a business owner? Capital allocation strategies are more complex. For example; could it be more advantageous to take LESS in salary right now to invest more in the business to drive higher returns later on? These alternatives must be modeled to build the best strategy.
The opinions expressed in this commentary are those of the author and may not necessarily reflect those held Twin Gryphon Advisors, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regard to your individual situation. Comments concerning the past performance are not intended to be forward looking and should not be viewed as an indication of future results.
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The material is for informational purposes only. It represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events or a guarantee of future results. It does not purport to be complete and is not intended to be used as a primary basis for investment decisions. It should also not be construed as advice meeting the particular investment needs of any investor. Neither the information presented, nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.