John Stewart Aids Business Owners in Navigating $10T 'Silver Tsunami' Exit
John Stewart, the Registered Representative at CV Securities LLC, is preparing business owners for a significant shift. As many as 50% of company sales are involuntary, driven by factors like divorce, death, disability, or disputes among partners. Stewart is positioning himself to help these owners navigate the complex process of selling their businesses, which often represents 90% of their net worth.
Stewart advises wealth managers to focus on estate planning, business growth, and exit strategies to succeed with business owner clients. By teaming with corporate finance or M&A specialists, wealth managers can become trusted allies, providing answers and solutions to clients' most difficult problems. Engaging with business owners years before a potential exit allows advisers to offer valuable guidance and help them make informed decisions during the sale process.
The 'silver tsunami' of business owners retiring is creating a significant opportunity for wealth managers. As these owners look to sell their businesses, driven by reasons such as outgrowing their capabilities, attractive acquisition multiples, or personal interests, wealth managers can play a crucial role in ensuring a successful transition.
With the 'silver tsunami' upon us, millions of business owners are set to retire and sell their businesses. John Stewart and other wealth managers are positioning themselves to help these owners navigate the high-stakes process of selling their businesses, which often represents a significant portion of their net worth. By focusing on estate planning, business growth, and exit strategies, and collaborating with specialists, wealth managers can become invaluable allies to business owners during this critical time.
Read also:
- CEO Efe Cakarel of film platform Mubi addresses controversy regarding new investor and Israeli military ties, establishes advisory board and fund to safeguard artists under threat.
- Trump urged to abandon one-sided trade restrictions during a 'productive' conversation with Xi about the TikTok issue
- Launching a Chore Service Business: Exhaustive Tutorial
- Deadly addiction: strategies for smoking cessation to live longer
