We provide holistic advice and trusted guidance to help solve your specific financial challenges.
Executive And
Employee Benefits
We help business owners establish custom employee benefits programs that support the needs of their workforce and reduce their own personal fiduciary risk. As an independent fiduciary, we are able to provide objective advice across a wide range of custodians, administrators, recordkeepers and investment managers. Our goal is to deliver industry-leading benefits solutions that align with your company culture, human resource needs and budget requirements.
Once in place, we continuously monitor and benchmark your benefits plans to help ensure they remain in compliance and competitive within the marketplace. Our ultimate goal is the same as yours – to help you attract and retain experienced, happy, loyal and financially prepared employees.
We coordinate a wide range of employee benefits, including:
- Employer-sponsored Retirement Plans – 401(k)s, Profit Sharing, Cash Balance and more
- Executive Benefits such as Deferred Compensation Arrangements, COLI, etc.
- Health Savings Accounts (HSAs)
- Health Insurance Plans
- Group Disability Insurance
- Group Life Insurance
- Supplemental Voluntary Benefits
Many nonqualified benefits utilize insurance products due to their special tax characteristics. Insurance solutions are rarely available without commission compensation, and commissions may be earned on these strategies. Insurance products are brokered through our sister company, Wealth Preservers, LLC, creating a potential conflict of interest. All commissions earned are fully disclosed, as are the conflicts of interest inherent in these solutions.
Schedule a MeetingWealth Management
As fee-only, fiduciary advisors, we have no product to sell or proprietary “account solution”. We take a comprehensive approach to wealth management with a goal of ensuring all aspects of your financial life are working together toward your goals. This means considering the allocation of all accounts, whether or not we manage the assets. We’ll look at business assets, 401(k)s, IRAs, insurance coverages and more as we establish custom investment, tax planning and risk management strategies to meet your needs.
We also work with outside advisors, such as CPAs, Estate Planning Attorneys and Insurance Agents to help ensure your financial life is well cared for from end to end. Our wealth management services include:
- Comprehensive Financial Planning
- Retirement Planning
- Education Planning
- Tax Planning
- Workplace Benefits Strategies
- Investment Management
- Cash-flow Planning and Budgeting
- Insurance Planning
- Estate Planning
- Risk Management
- Charitable Planning
Business Transition Planning
The process of successfully transitioning a business shouldn’t begin one, three or even five years before the owner plans to retire. Instead, exit planning should be a strategy that begins on day one of the business, with a focus on growing the company’s value over time so the owner is ready to transition the business on his or her own terms, when the timing is right.
At Clear Financial Strategies, we begin planning our clients’ exit strategies as early as possible. When the owner decides it’s time to sell, it has long been determined how the sale will be conducted and at what price. Our team includes Certified Exit Planning Advisors (CEPAs) who are trained in helping business owners build more valuable companies, have stronger personal financial plans, and align their personal and professional goals.
Our rigorous process takes a deep dive into your company’s current operations, financials, marketing and more. We work directly with your executive team to provide expert industry insight, goal implementation and ongoing monitoring throughout the life of your business.
In addition to providing clarity to your exit planning strategy, we serve as your advocate throughout the transition process by coordinating the efforts of your team, which may include any combination of the following, based on your specific needs:
- CPA
- Value Acceleration Advisor
- Valuation professional
- Business or contract attorney
- Estate planning attorney
- Trust Company & Trust Officer
Following the successful sale of your business, we help you invest the proceeds, establish a monthly stream of retirement income and achieve your personal retirement goals.
Schedule a MeetingReady To Get Started?
Contact us to learn more.