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Login to view your Fidelity account(s) and access your electronic documents and statements.
Login to view your Charles Schwab account(s) and access your electronic documents and statements.
Business owners often invest everything into their companies, whether it’s time, energy, or capital, creating both financial success and deep personal pride. But as one successful entrepreneur discovered, even the strongest business can’t offer complete certainty. While their company was thriving, they recognized the risk of having too much of their wealth concentrated in one place. They wanted to build personal financial security beyond the business, protect their family from unforeseen events, and create a roadmap for the future. Like many in their position, they also lacked the time and bandwidth to manage complex financial decisions on their own and needed a trusted partner to guide them.
That’s where Grand Wealth Management came in. By understanding the unique challenges and opportunities of The Business Owner, we developed a personalized, comprehensive strategy to help our client diversify their wealth, reduce taxes, protect assets, and prepare for life after the business. This case study illustrates how thoughtful financial planning can provide business owners with confidence – not just in their professional success, but in the security and legacy they’re building for their families.
Our client, a successful business owner, came to us during a period of both professional triumph and personal concern. Their business was thriving, providing comfortably for their family, and offering an immense sense of pride in the business they had built. Like many business owners, they trusted their company to deliver consistent financial returns because they felt in control of its growth and performance. By contrast, the broader investment markets felt unpredictable and uncertain—something they had less direct influence over.
While confident in their ability to steer their business through most challenges, they also recognized that unforeseen events could put their company at risk. They knew it wasn’t prudent to keep everything tied up in the business and wanted to start building wealth outside of it for those "just in case" scenarios. On top of that, their busy schedule left little room to focus on personal financial management. They needed a partner who could bring them confidence and peace of mind—someone to serve as their family’s personal CFO and handle the details of their financial life while they focused on running their business.
The client transitioned from feeling overwhelmed and uncertain to having a clear and actionable plan for both their business and personal wealth. They achieved the liquidity and diversification they needed to reduce risk, ensured their family’s future was protected, and developed a roadmap for life beyond the business. By addressing every phase—during their business’s peak years, at the sale, and into retirement—they felt empowered to embrace the next chapter of their life.
If you’re a business owner looking to protect what you’ve built, reduce financial risk, and plan for a life beyond your business, Grand Wealth Management can help. Let’s start the conversation about how we can help you achieve your goals while securing your family’s future.
