Broker Check

Business Owners and Professionals

What sets successful small business owners and professionals apart is their ability to think ahead and plan accordingly. In business as in life, we can’t predict everything, but sound financial planning can help you pursue your goals over the long term. It helps weave the net that can help to provide support to you, even if you’re an established entrepreneur with a thriving business.

The Profile*

The Profile*

Name: Lloyd: Age 67 

Married to Annette Age 60 : Retired

Occupation: Owner of a Consulting Firm

Current Net Worth: $1.7M (exclusive of business)

Business Worth: $2,312,000

The majority of Lloyd’s wealth is locked up in his business he owns with one other partner. He’s hoping to retire in two years, but is concerned if the sale of the business and the investments he has accumulated will provide enough income to replace the salary he has been receiving. Lloyd and Annette have collected a lot of financial products over the years within their personal net worth. He became a purchaser of numerous types of investments and insurance products and has not formed a consistent and ongoing relationship with one Financial Advisor. Annette has retired recently from FAA as an upper level manager and is collecting her pension. She has  not rollover her TSP with FAA to an IRA yet. She wants to defer getting her social security and TSP until she is 66 if possible but she doesn’t know if this is the best decision.


The original buy-sell agreement created several years ago includes a valuation formula which does not fully address the fair market value of the business today. Not only is Lloyd uncertain of the value of the business, he doesn’t know how much he needs to sell his share of the business to his partner in order to provide a continuing stream of income into retirement and he is not sure how to set up the best distribution strategy for retirement and leave enough income for his wife and provide a legacy for his children.

How We Can Help

At Advance Financial Lighthouse we take the intimidation factor out of the equation, replacing it with sound financial advice and actionable steps to help entrepreneurs and their families feel confident every step of the way. We design in-depth, personalized strategies that strive to improve performance and address long-term growth for your small business. We can develop Investment Plans to help Lloyd and Annette have more clarity and feel more confident in their financial decisions. Our resources, guidance and support allow us to help them by:

  • Identifying and leading a team that includes Attorneys, CPA and Valuation professionals and Business consultants.
  • Reviewing proposals and appraisals from various valuation firms to assess valuations that best fit his company.
  • Delivering an easy-to-understand analysis of the various valuation options to Lloyd.
  • Conducting a risk analysis to determine the most appropriate customized asset allocation and investment strategy to provide a stream of income to replace his salary and bonus and help Lloyd and Annette maintain their current lifestyle through his retirement.

*These are fictional characters and hypothetical scenarios. Please note that individual situations can vary and some strategies may not be suitable for all investors. Therefore, the information presented here should only be relied upon when coordinated with individual professional advice.