NFA Wealth Management consults with your legal and accounting team to structure business entities and operations in the most effective manner. We separate risks and protect operations by effective entity creation and restructuring. We also work to develop the ownership of such entities in a tax favorable, estate-friendly way.
Our team works closely with a company's owner to gain a fundamental understanding of how they want their company to be operated should they become disabled, pass away or wish to retire. From there, our advisors facilitate the conversation between the client and their attorney to ensure the client's objectives are communicated clearly with their legal group, and the documents they create are accurate representations of those objectives.
Our concierge program offers multiple services tailored to fit the specific needs of each client. Some of our services include coordinating benefits, managing money, insurance and working with/referring CPA’s and attorneys. These professionals can bill clients separately at a negotiated rate which can be drafted from the client's account. We also provide extensive income tax planning.
NFA's Wealth Management CFO Program for Businesses provides services for the company's controller and existing CFO or CEO (depending on its size and the desire of leadership). We provide and/or coordinate benefits, retirement programs, business continuity planning, asset purchase review, tax planning, investment management, insurance planning, key employee planning, business transition planning and expense review. We also help link the company's business plan with the client’s personal plan to maintain financial continuity.
Our team reviews existing agreements, discusses the goals and objectives of ownership and collaborates with counsel to develop a clearly written buy sell addressing those concerns. We also work to make sure the buy sell is funded instead of being the company’s unfunded mandate. We also ensure that each agreement addresses the owners’ death, retirement, disability, divorce, and long-term care needs.
Our goal is to make sure that all benefits meet the appropriate levels of price, coverage and the client's objectives. We review all of the company’s benefits, including retirement plans, health, life, disability, business interruption and commercial insurance coverage. We also like to coordinate the client’s personal goals with these benefits. This provides the opportunity to tie together both the company and personal plans, decreasing the amount of overlap and creating continuity of planning.
We work with the ownership to provide packages for key personnel in an effort to retain key talent, protect against loss of that talent and build a future with the great personnel the company maintains.
Our firm does not provide tax advice. However, we do work with the client’s tax preparers to find innovative solutions and programs to help provide significant tax savings today and in the future. This joint effort has been key in providing substantial tax savings to our clients.
Neither LPL nor any of its representatives render tax or legal advice. Outside providers of professional services are neither affiliated with nor endorsed by National Financial Alliance, LLC or LPL Financial.