Nurturing Your Business Growth
Brian Morgan, Managing Partner and Founder of TAELOS Financial Partners understands first-hand that
growing a business in today’s complex financial landscape is a challenge. As a team of accomplished
entrepreneurs, we pride ourselves on helping and supporting business owners.
At TAELOS Financial Partners, we are here to partner with business owners and help them achieve their purpose: growing a successful business. This requires navigating myriad tax laws and regulations, managing employees, cultivating clients, and creating profitable products or services. Amidst these demands, business owners often overlook their own financial needs and key planning considerations that could propel their business to new heights. Our Business Services and Planning is designed to address these needs, providing a comprehensive solution for business owners.
Business services & planning
Retirement Planning for Business Owners
For many business owners, their business is their primary retirement asset. However, relying solely on the business for retirement can be risky. Businesses can fail or lose value in certain economic cycles, and
the timing may not always be right to sell the business. At TAELOS Financial Partners, we advocate for a diversified approach to retirement planning. We provide access to a range of qualified and non-qualified retirement plan options that can serve as a cornerstone for your retirement income needs.
How We Help
Business Succession Planning:
The death of a business partner can pose significant challenges for the surviving business owners and the deceased partner’s family. A well-crafted business succession plan can ensure an orderly transfer of the business interest from the deceased’s family to the business, providing peace of mind for all parties involved.
Key Employee Protection
The loss of a key employee can be a devastating blow to a small business. To safeguard against this risk, we recommend life insurance coverage on key employees. The coverage amount should be sufficient to cover the costs of recruiting and paying a replacement, compensating for loss of earnings to the company, and any other associated costs.
Executive Compensation
Attracting and retaining executive talent is crucial for the growth of your business. We help you design structured incentive plans, such as Non-qualified Deferred Compensation, Executive Bonus, and Split Dollar Life Insurance plans. These plans offer current and future benefits to your key executives in exchange for their continued service, helping you retain their talents and motivate them to higher levels of performance.
