By Michael Jarvie, CPA, CFP, SVP Business Development
In this special multi-part series, we’re bringing together financial advisors from across the healthcare industry to help educate you on the decisions, challenges, and opportunities that come with growth, transition, and long-term planning.
Every advisor brings a different perspective to the table, and through this series, we hope to give you practical insights that help you better navigate the road ahead.
Many business owners believe wealth is created at the moment of a sale. In reality, the strongest outcomes are often built years beforehand through disciplined planning, diversification, and intentional investment decisions outside the business itself.
In this episode of The Advisor’s Table, Michael sits down with Wealth Advisor, Daniel Corello, from Bernstein to discuss how investment strategy plays a critical role leading up to a transition.
They explore balancing investments and strategies to consider in the years leading up to a sale. Daniel also shares an example of an owner who was well-prepared financially before a sale and how it impacted their outcome.
“Wealth creation starts well before the transaction. If everything is tied to one asset, your timing gets dictated by market conditions, buyers’ interest, or personal circumstances rather than by choice.”
Key Takeaways for Business Owners:
- Owners who navigate transitions confidently are the ones who started preparing years before the deal was ever on the table.
- Building assets outside of your practice gives you the flexibility to sell when you want to, not when you have to.
- Rollover equity should be evaluated through the lens of how it aligns with your long-term financial and personal goals.
Why This Matters for Business Owners
This episode of The Advisor’s Table explores how building wealth outside of your business, diversifying risk, and aligning investment decisions with long-term goals can create greater flexibility and confidence when opportunities arise.
Listen to the Full Episode Here: