Imagine building your business over several decades, beginning to plan your business exit, then dying unexpectedly before you can implement your plans. Business owners rarely think about how an unexpected death or permanent incapacitation can derail even the most carefully created plans. And it makes sense: If you were always worried about what could go wrong, chances are you’d have …
This article originally appeared in the Knoxville News Sentinel’s business column on September 30, 2018. Alright everybody, let’s get around to it. There are all these items on our to-do lists that we keep putting off. Cleaning out the closet, giving away clothes that we haven’t worn in two years, and sorting through that junk drawer that just keeps getting …
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Exit Planning can be complex. Between setting your exit goals and transferring your business, you’ll attempt to build business value, find an appropriate successor or buyer, navigate perplexing tax implications, and keep your key employees onboard. And that’s just a few of the things you’ll do! With so many considerations surrounding your business exit, you may want to consider creating …
This article originally appeared in the Knoxville News Sentinel’s business column on August 19, 2018. The sky is falling, the sky is falling. Sell, sky! We’re all waiting for the next stock market correction. I received another email this week asking, “Isn’t it time for a big collapse? Should I sell?” There are a number of factors to consider regarding …
Real asset instruments derive their worth from physical value – you can touch, see and maybe even smell. Conversely, stocks and bonds derive their value from future cash flows and residual claims on a balance sheet. The tangible characteristics of real assets can create a foundation of protection against inflation. Real assets can also provide stability during geopolitical uncertainty and currency fluctuations. The chart …
Through this column I try to help the reader address challenges they may be facing by asking myself, “What would I want if I were in their shoes?” Then, I share the insights I’ve learned in my career. Over the years, I’ve seen how the cloud of a family crisis can hinder smart people from exercising good judgment, so hopefully …
We are proud to be listed among the Top Defined Contribution Advisor Firms by the National Association of Plan Advisors. A number of factors went into making this distinguished list, including having three offices in Knoxville, Chattanooga and Tri-Cities, the quality of retirement advice and an excess of $1 billion in defined contribution assets under advisement. We love serving our …
WHAT property do you have? WHY do you want to transfer it? WHO do you want to receive the property? WHEN do you want to transfer it? HOW do you legally transfer the ownership of the property? Answering these five questions will help you develop a plan for transferring your property to the next generation. WHAT types of property do …
No portfolio has been immune to market volatility in 2018. A common industry measurement of stock market volatility is The Chicago Board of Options Exchange (CBOE) Volatility Index, aka “VIX”. The VIX tracks the expected 30-day volatility using S&P 500 options. A lower VIX number (10) suggests lower expected short-term volatility, whereas a higher number (22) implies turbulent markets ahead. …
