Our financial planning team takes the time to understand your business and family dynamics. We’ll get a clear idea on what you’re trying to accomplish and what’s important to you. We create custom solutions to the problems most business owners face, and provide guidance across all platforms—helping you achieve your long-term financial goals. Your goals as a business owner should support your vision. This is where B. Riley Farber Wealth can help. The end result? A holistic financial plan for your business, where we focus on achieving your unique goals. This may be complex—but it doesn’t have to be.
How we can help
Group Benefits Consulting
Ensuring your employees’ wealth, health and income are protected. Learn more
We’re passionate about getting you in control of your money—making you feel more secure about your financial goals. What makes B. Riley Farber Wealth unique is our commitment to finding a solution customized to you. We get that you’re different. Your financial reality, dreams and goals are unique. We ask questions and we listen. Our passionate team has an ear to the ground, and we are continuously sharpening our skills, enabling us to provide you with the best solutions available in the market.
Like you, we too are unique. We each bring our own experiences, family situations and personal journeys to every interaction. We encourage our team members to live and breathe our values and principles, each with their own area of expertise within our business.
Our team at B. Riley Farber Wealth is always available to offer peace of mind and transparency. Working closely with our advisors and specialists, we’re all in this journey together. Our process is focused on you, your specific situation and your financial goals. Our team will help you identify your financial needs and guide you closer towards them. We provide unbiased advice, guiding you to choose what is right for you. We have access to the best products and provide them at the lowest costs. We stay up to date with the latest technology, allowing us to track your goals effectively and efficiently. An integral part of the success of reaching your financial goals includes tracking your milestones on an ongoing basis. Our team walks you through this journey, focused on supporting.
In order to ensure we address all the main areas of concerns for business owners, we follow the process set out in the triangle below.
- Minimize financial risk—protect your business from loss of the people who drive its s
- Maximize structural security—ensure your corporate structures have the future in mind both for tax planning and risk minimization
- Minimize tax—reduce exposure to taxation in the short and long term
- Maximize retained earnings—optimize the use of retained earnings to diversify your business wealth
- Maximize retirement income—income sources, timing, business exit plans and taxation
- Maximize legacy—strategies that make sure the wealth you’ve built goes where you desire for the benefit of the next generation
How to Adjust Your Financial Planning with Your Life Stages
Here are three important components of your financial plan which are likely to evolve over time. Start reading
The Financial Planning Process for Business Owners
We help successful owner-operators monetize their life’s work.
Our process for business owners focuses on ensuring your requirements are maximized to create a lasting legacy and optimize your wealth. We provide an action plan that will minimize your financial risk and maximize the wealth your business creates.
Entrepreneurs often risk it all on an idea. When it‘s successful, you need a team of professionals to help you maximize the wealth you’re creating and minimize risks you face. As your financial planner, our holistic planning approach will give you the clarity and confidence you need to make your financial goals and dreams a reality.
As a team, we collaborate to identify and gather an understanding of your needs and concerns and together we establish the highest priority activities that need to be addressed. Our comprehensive planning process enables us to work with you in guiding the team, making it a simple, cost effective and optimized throughout.
Once we understand the important issues, relative to your priorities, we outline our findings in a written discovery summary. When we review it together you’ll have a chance to decide whether to move to the next step.
On engaging with us to help you solve the problems and address the opportunities identified you’ll have opportunity to select exactly how you would like to utilize our services.
We recommend the best corporate strategies and tax efficient solutions that will support your financial goals. We consider a broad range of financial products and solutions that meet your needs and ensure a good fit to your corporate culture.
We are strongly focused on staying within the recommended structures, working with you to create solutions that will minimize your risk, protect cash flow and create strategies to benefit the organization, enabling growth. The journey will be easy to manage and simple to understand.
As a business owner we know that your circumstances change. It’s inevitable. We work with you to track and review your plan, whether on an annual basis or as circumstances change. We recommend, plan and adjust your goals as your requirements change. Staying on target is as important to us as it is to you, and as a team we work with you to achieve this.
Meet your team
Our qualified and experienced team has worked with thousands of business owners across the globe, with proven success in growing, managing and preserving wealth.
Let us do the same for you.
Sometimes a fresh set of eyes is what you need to move your business forward.
Contact us today to find out how we can support your restructuring, financial, human capital, consulting, or wealth needs.