Business Planning
Advisory Support for Complex Business Decisions
Running a successful business requires more than day-to-day management—it demands a clear plan for financial growth, risk management, and future transitions. Essex Financial partners with business owners to design comprehensive business planning strategies, including tax-efficient structures, talent retention solutions, and succession plans. Our experienced advisors work to help you preserve capital, improve cash flow, and create a foundation for sustainable business performance.
Planning That Adapts to Your Needs
No two businesses are the same, and your planning shouldn’t be either. We take the time to understand your goals, challenges, and long-term vision before creating strategies that work for your specific situation. Our guidance is designed to be practical, adaptable, and focused on what matters most to you. Explore our core business planning services below:
Business & Legal Tax Planning
Strategic Structures to Reduce Your Tax Burden
At Essex Financial, a trusted Registered Investment Advisory (RIA) firm, we understand that effective tax planning is not a once-a-year conversation. Businesses need proactive, year-round strategies to minimize taxes and protect profits. Our advisors work alongside your attorney and accountant to design innovative, tax-efficient business structures tailored to your unique goals.
We assist with the evaluation and implementation of structures such as:
- Family limited liability companies
- Subchapter S corporations
- C corporations
- Family limited partnerships
Our hybrid solutions may also include tax-efficient mutual funds, municipal bonds, and tax-loss harvesting strategies. The goal: reduce liability, preserve wealth, and position your business for sustainable growth.
Succession Planning
Ensuring Your Business Continues to Thrive
Transitioning ownership of a business is one of the most important and complex decisions you’ll ever make. Our advisors help you explore all possibilities well in advance, ensuring you have a clear, profitable, and tax-efficient exit strategy in place.
Working in collaboration with your attorneys and accountants, we guide you through every stage of the transition to protect your company’s value and reduce tax consequences. We also advise on structures that promote fairness among heirs, maintain leadership continuity, and preserve flexibility for the future.
Endowments
Long-Term Financial Stewardship for Institutional Funds
Endowments require disciplined management to preserve principal value and generate reliable returns over time. At Essex Financial, we work with institutional clients to develop customized investment policy statements that define objectives, risk tolerance, spending policies, and any applicable guidelines.
Our team employs a strategic asset allocation approach across equities, fixed income, cash, and alternative investments where appropriate. This approach is designed to support predictable distributions while maintaining and enhancing the long-term value of the endowment.
Foundations
Strategic Investment Solutions for Consistent Funding
Foundations depend on sound investment management to provide steady funding for programs and initiatives. Essex Financial designs diversified investment strategies that balance the need for current distributions with the goal of long-term asset growth.
We work closely with foundation leadership to determine an appropriate asset allocation, establish spending guidelines, and ensure that funds are managed with an emphasis on stability, performance, and prudent risk management.
Non-Profit Organizations
Comprehensive Financial Guidance for Mission Sustainability
Essex Financial understands the unique challenges non-profits face, including budget constraints, donor expectations, and fiduciary responsibilities.
We help organizations:
- Develop tailored investment strategies for operating reserves
- Manage funds to support long-term financial sustainability
- Create and update investment policy statements
- Provide board-level education and performance reporting
Our goal is to help you maximize resources, reduce risk, and maintain the stability needed to continue service your mission effectively.