You Built the Business. Now Build a Plan for What Comes Next.
Selling a business can create one of the most significant financial transitions of your life. We help business owners develop a comprehensive strategy for managing, investing, and preserving the wealth created through the sale.
Schedule Your Free Consultation >A Financial Plan Built Around Life After the Sale
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Understand Your New Financial Position We begin by helping you understand what you own, what you owe, what you need, and what you want your wealth to accomplish—including business-sale proceeds, investment accounts, retirement accounts, real estate, cash reserves, insurance, and future spending needs.
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Develop an Investment Strategy for the Proceeds There is no single investment strategy appropriate for every business owner. We help develop a portfolio based on your personal objectives, time horizon, income requirements, tolerance for risk, tax considerations, and overall financial plan.
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Create a Cash and Liquidity Strategy How much should you keep in cash? The answer depends on your lifestyle, upcoming purchases, tax obligations, investment strategy, and comfort level. We help determine appropriate reserves for everyday expenses, tax payments, major purchases, and unexpected needs.
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Turn Business Wealth Into Retirement Income For many owners, the business provided their paycheck. After the sale, the portfolio may need to take its place. We help determine how your assets can be structured to support your desired lifestyle throughout retirement.
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Manage Taxes After Selling a Business A business sale can create significant tax consequences. While we do not replace your CPA or attorney, we work alongside your tax and legal professionals to help coordinate financial decisions surrounding capital gains, estimated tax reserves, Roth conversions, charitable giving, and estate-planning considerations.
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Diversify After Years of Concentrated Ownership After a sale, the objective often shifts from building wealth through one company to preserving and growing wealth through a diversified strategy. We help determine an appropriate balance between growth, income, liquidity, risk management, and legacy.
When Should You Speak With a Wealth Advisor?
Before the Sale —We can begin modeling what your financial life may look like following the transaction and help you understand how much you may need from the sale to accomplish your goals.
During the Transaction —As the sale becomes more certain, we can begin developing your investment, liquidity, retirement-income, and financial strategy so you are prepared when the transaction closes.
After the Sale —If the transaction has already occurred, we can help you evaluate your current assets, determine how much should remain liquid, develop an investment strategy, and create a comprehensive financial plan.
There is no requirement that everything be invested immediately. A thoughtful transition can be just as important as the long-term investment strategy itself.
Common Questions
What should I do with the money after selling my business?
Before making major investment decisions, it can be helpful to establish how much should remain in cash, identify upcoming tax obligations and major purchases, define your income needs, and develop a comprehensive financial plan. The appropriate investment strategy should then be built around those objectives.
How should I invest the proceeds from selling my business?
There is no universal portfolio for business-sale proceeds. The appropriate strategy depends on factors such as your age, spending needs, other assets, retirement goals, tolerance for market fluctuations, tax situation, estate goals, and whether you expect to work again.
Should I invest all of my business-sale proceeds immediately?
Not necessarily. Depending on your circumstances, maintaining a portion of the proceeds in cash or short-term investments while developing your financial plan may be appropriate. Your long-term investment strategy can then be implemented based on your goals and circumstances.
How much cash should I keep after selling my business?
Cash reserves should take into account your normal living expenses, taxes, upcoming major purchases, emergency needs, and personal comfort level. Excess cash beyond those needs can then be evaluated as part of your longer-term investment strategy.
Can Integrity Wealth work with my CPA and attorney?
Yes. We believe coordination among your financial advisor, CPA, attorney, and other professionals can be especially important following a business sale or other major liquidity event.
Can you help me determine whether I have enough to retire after selling my business?
Yes. We can model your anticipated expenses, investment assets, Social Security, pensions, retirement accounts, taxes, inflation, and other assumptions to help evaluate whether your resources are aligned with your desired retirement lifestyle.
What if I have not sold my business yet?
Planning before a sale can be extremely valuable. We can help you evaluate what your finances could look like after a transaction, estimate the amount of capital needed to support your future lifestyle, and coordinate with the other professionals involved in your exit.
