Whether you are an established entrepreneur, new business owner, or part-time consultant, there are a lot of financial risks and opportunities associated with running a company. As an independent wealth management firm, we get it. We’re business owners, too.
Owner-operators and business owners need to ensure they are properly diversified and have enough cash on hand. Depending on the stage of your company, you may be evaluating the benefits of starting a retirement plan or cash balance pension plan. Starting a retirement plan for your small business can reduce your taxable income and allow you to save a significant amount for retirement.
If you are planning to sell your company, Darrow Wealth Management understands the challenges that the sudden acquisition of wealth can create after an exit. We have the experience to help you sort through the alternatives and create a comprehensive, strategic wealth plan to address your personal objectives today and in the future.
Self-employed individuals have a lot on their shoulders. The Darrow Private Wealth Management Program offers small business owners and families a complete solution, giving them the freedom to spend more time living life, not just planning for it.
Darrow Wealth Management specializes in helping individuals expecting a sudden wealth event. If you’re about to sell your business, we’ll work alongside your deal team help manage communications to ensure your personal financial and tax situation is aligned.
After the sale, we can help you develop a strategy to make the most of the windfall and develop an investment and financial strategy going forward.
While every situation will be unique, there are a number of situations we frequently work to help our self-employed clients plan for or address:
As a fee-only financial advisor, we do not sell securities, investment products, or receive commissions or compensation from 3rd parties.
As a fiduciary and registered investment advisor, we are legally bound to act at all times for the sole benefit and interest of our clients. This is the highest act of loyalty, trust and care under the law.
Darrow Wealth Management is a registered investment advisor with offices in Boston, MA and Needham, MA. As a SEC-registered investment advisor, we partner with executives and professionals across the United States. Established in 1987, we are proud to be a second generation family business.
The Darrow team has the financial, tax, and investment acumen necessary to advise clients on a wide range of topics and potential situations. Our team includes advisors with the following designations and credentials: CERTIFIED FINANCIAL PLANNER™ professionals, CPA, and Chartered Financial Analyst®. Learn more.
If you invested in a startup or small business (founders, employee exercise of stock options, business owner), you need to know about qualified small business stock. If eligible, you may be able to exclude up to 100% of the gain from federal taxes when you sell your shares through the
Selling your business for cash? Deciding how to allocate and invest the proceeds after the sale of your company is a big decision that requires careful planning. If you are expecting a sudden windfall, develop a plan to allocate the proceeds and reinvest in your future. As you weigh what
Updated for 2024. The Simplified Employee Pension (SEP IRA) is a type of a traditional IRA adopted by self-employed small business owners (sole proprietors, partnerships, C and S corporations), and the self-employed. Unlike most types of retirement plans, the SEP IRA is funded by the employer. Here’s more on what a SEP IRA
The sale of a business marks a major life event. It’s emotional, stressful, and exciting all at the same time. And unfortunately, it’s often a lot of work. Most business owners will only experience the process of selling a business once in their life. This is both good and bad