Wealth management for business owners and self employed professionals

Wealth Management for Business Owners

At the Kozak Financial Group, we develop a custom wealth management plan unique to business owners to help you protect and manage your wealth.

We help business owners grow their wealth.

As your business has grown, you have been busy establishing positive cashflow,

profits, and ensuring you and your staff are taken care of. As your business reaches maturity it is important to begin establishing wealth outside the business. Balancing RRSP's, incorporated savings, and other funds requires careful tax and wealth planning.We consider it our duty to help ensure that your wealth is stewarded towards long term success and simplicity.

We guide you through your succession and exit.

Eventually as you reach the end of your career, you are likely planning your exit.

Whether the business is staying in your family, being sold to a private buyer, or handed off to your business partner, there is important planning to be done. No matter how you step away, there will be tax and wealth considerations to be made. We can help you establish your road map to make this transition as seamless as possible.

Going beyond business

In life after your exit, you will find you have energy and time formally taken up by your work, that you can use to finally pursue your other life passions. The transition from working to retirement can be difficult for everyone, but especially for those selling their business. We have assisted countless business owners through this process with everything from simple conversations to assisting in planning out the final details. You and your family deserve a life beyond business, let us help you achieve that.

Wealth Management for Self Employed Professionals

There are unique challenges and considerations that comes with being self-employed. At the Kozak Financial Group, we’re here to help you navigate every step of your financial.

Working Life

If you have spent your career working for yourself, you understand the importance of establishing healthy habits to make your work and life easier. This would include putting aside savings during your career to kickstart your eventual retirement and begin on the “right foot”. We have helped countless people begin their wealth journey and establish the necessary habits early that eventually lead to a plan for moving on from your employment.

Custom investment Strategies

Whether you enter retirement by selling your business or selling your land, or by handing off control to the next generation, there are important considerations to be made regarding the treatment of your retirement savings. We typically advise our clients to ease into investment when receiving a lump sum cash consideration for their life’s work. Putting an investment plan in place for the long term means that your portfolio will grow with you as you become more accustomed to substantial cash wealth.

Dispersing Wealth

Handing off your wealth is a stressful affair. Many self employed professionals ask how best to disperse their wealth while they are around to see it put to use. More and more people are gifting their estate early to see their children, grandchildren, or favourite charities put it to good use. We can help you achieve your goals both in life and in your estate, to see your wealth put to use by those you care about most.