Your business may be your largest asset, your main source of income and an important part of your retirement. Decisions made inside the corporation can also affect your personal wealth, family and estate.
A financial planner for business owners can help connect these areas through one coordinated strategy.
Bringing business and personal wealth together
Corporate and personal finances shouldn't be viewed separately. Each decision can affect how you build wealth, manage tax and prepare for the future.
Our financial advice for business owners may address:
- Corporate and personal investments
- Compensation and cash flow
- Tax-efficient wealth accumulation
- Insurance and family protection
- Retirement income
- Estate and wealth transfer planning
Planning beyond the portfolio
Investment management is important, but business owners often need broader advice. A business financial advisor can help you understand how different strategies work together and where planning opportunities may exist.
We look at the complete picture, including your business, personal assets, family responsibilities and long-term goals. This helps ensure your plan has a clear purpose.
Tax-efficient financial decisions
Tax can affect how much wealth remains available for you, your family and future generations. Thoughtful planning can help coordinate corporate assets, personal income and investments more efficiently.
Financial advice for small business owners may also involve working alongside tax and legal professionals when specialized input is required. The goal is to keep each part of your strategy aligned.
Protecting what you've built
Your business may depend heavily on you or other important people. Insurance can help protect the company, your income and your family if an unexpected event occurs.
A financial advisor for business owners can help review:
- Life and disability insurance
- Key person protection
- Business continuity needs
- Estate liquidity
- Family and personal coverage
Preparing for retirement and succession
Eventually, your income may need to shift from the business to your personal assets. Planning ahead can help you understand when retirement may be possible and how future income could be structured.
A small business financial advisor can also help connect retirement planning with succession, estate and wealth transfer goals.
Ongoing guidance as your business changes
Your company and financial priorities will evolve. We provide regular reviews, multiple meetings each year, educational updates and responsive support when decisions arise.
Based in Newmarket, our team serves clients across Barrie, King City, Muskoka, Keswick and North Central Ontario. Whether you need a financial advisor for small business owners or advice for an incorporated practice, we remain involved over time.
IG Private Company Advisory
IG Private Company Advisory provides strategic transaction and advisory services to mid-market businesses (that is, those with annual sales of between $20 million and $500 million), with the goal of generating opportunities and enhancing long-term value. The Private Company Advisory team leverages an extensive network to connect you with capital providers, investors and potential buyers who are aligned with your business’s specific needs and circumstances.
Hear from David Turnbull, Head of IG Private Company Advisory, about IG’s approach to helping you maximize the value of your business.
Discover how IG Private Company Advisory can help unlock your company's potential through its three core services:
- Selling or acquiring a business
Sourcing and evaluating potential buyers or acquisition targets for your business can be complicated. The Private Company Advisory team provides expertise and guidance to help you take advantage of growth opportunities and realize maximum value.
Services include:
- Deal sourcing
- Valuation and negotiation
- Due diligence
- Partial divestiture strategy
- Strategic advisory
Benefit from the team’s deep industry knowledge and strategic insights to make informed decisions on crucial matters.
Services include:
- Market entry strategy
- Expansion strategy
- Restructuring and turnaround
- Succession planning
- Raising capital
The team will guide you through the process of obtaining capital to grow your business on terms that suit your specific situation.
Services include:
- Debt financing
- Equity financing
- Mezzanine financing
- Alternative funding sources
- Working capital solutions