Wellspring has many clients who successfully run closely-held businesses and need help integrating the business financial and tax performance with family life and with planning for the future. We act as a personal chief financial officer, and connect the operating business to the entire financial picture. Like a CFO, we make the clients as chief executives of the family and the business more productive. We help design a plan that covers both orderly transitions of management and ownership. As in our approach to wealth management, we approach business succession planning holistically. We consider our clients’ influences and goals with the succession plan, providing the foundation for future decisions.
Wellspring can help clients assess where they are and implement planning geared toward where they would like to be. We will also help implement, review and rebalance the plan.