Personal Financial Planning for Executives and Entrepreneurs

As the leader of one of the largest, fastest growing, independent financial advisory companies in the country, Michael Nathanson has spent his entire professional career advising executives and entrepreneurs -- as a lawyer, as a financial advisor, and as a peer. He knows firsthand that financial planning is most effective only when it is customized to address the specific needs of the individual. For executives and entrepreneurs, it is complex, dense, and impossible to reduce to a single, easy-to-understand formula.

In Personal Financial Planning for Executives and Entrepreneurs: The Path to Financial Peace of Mind (Palgrave Macmillan, November 10, 2018), Nathanson brings together the collective expertise of 10 of The Colony Group’s seasoned financial professionals who have worked with hundreds of executives and entrepreneurs, advising and guiding them through a multitude of complex financial decisions throughout their careers. The varied expertise of these authors goes far beyond investment management to encompass retirement planning, tax and estate planning, risk management, philanthropic planning, education planning, and the full spectrum of financial counseling services.

A roadmap for achieving financial independence and peace of mind, Personal Financial Planning for Executives and Entrepreneurs begins by telling a story of a fictional, but plausible, power couple who do just about everything wrong in securing their financial future. Using this story as a case study, the book breaks down the case into easy to digest chapters and offers practical discussions of the key financial planning pillars with the tools needed to tailor a plan for virtually every circumstance and need. While there is no single plan that works for everybody, it provides a guide with actionable information alongside specific guidance on how to build an effective financial plan and examines:

-The Five Pillars of Peace of Mind: maximizing the rewards of working as an executive, achieving financial independence, planning for and minimizing taxes, planning for others, and managing risk Planning around, negotiating, renegotiating, and understanding the employment agreement

-Understanding equity and equity-like incentives such as stock options and grants, employee stock purchase plans, restricted stock, etc.

-Understanding the benefits of “goals-based planning”

-Investment planning in five steps

-Why estate planning is so important for an executive and their family

-Effective estate planning strategies to consider

-How to manage risk through insurance and otherwise

Perfectly crafted for C-suite and other executives, entrepreneurs and business owners, or anyone needing a trusted playbook, Personal Financial Planning for Executives and Entrepreneurs offers readers a creative, highly engaging approach to identifying the many obstacles and solutions on the path to financial peace of mind throughout the pivotal moments of their career and life.