Financial Advisory Services

Financial advisory services are a way for businesses to get expert insight on a business problem. For some issues, an outside perspective may be exactly what your business needs to overcome an obstacle. Seen as experts in their respective fields, consultants provide key insight on the needs of your organization when compared against the industry. Financial advisory services are tailored to the specific needs of your organization.

The consultants at Smolin are able to provide business support in a number of areas outside of accounting and tax. Through our experience and expertise we are able to provide financial advisory services that allow our clients to be more competitive. We take pride in understanding the industry needs of each of our clients in order to provide customized solutions that address their specific needs. Our world class service, we are able to provide financial advisory services that support and enhance your organization.

 

Succession Planning

Although often overlooked, succession planning is a key component of business planning. Many individuals and organizations put off this crucial step, preferring not to deal with what should happen in the event that they are no longer around to manage the company. However, failing to adequately plan for your business’s future can result in the loss of wealth that you’ve worked so hard to accumulate.

Succession planning is key in order to transfer control of your business to the next generation or to ensure that your business is able to be sold in order to continue providing income and wealth.

When a succession plan does not exist, it can result in tensions within the family and organization that can ultimately destroy what you’ve worked so hard to create. The Smolin consultants can provide assistance determining what you want for your company’s future and how that plan should be executed.

Additionally, we can provide perspective during a decision making process that will ultimately determine the future of your business. Our team’s experience in preparing and helping to execute succession plans gives us insight on the best ways to ensure your life’s work is protected.

 

Estate Planning

Estate planning is as important to an individual as succession planning is to businesses. During your working years, you worked hard to accumulate wealth. Failing to adequately plan means that a large portion of this wealth has the potential to be taken by the government through taxes. Furthermore, failure to identify your wants for distribution of your wealth and assets can result in a costly emotional and legal battle between heirs which can further decrease the worth of your estate.

Estate planning aims to protect your assets and to position yourself in order to minimize the taxes paid by your estate and your heirs in a customized solution that addresses all of your needs. It is important to have advice from a skilled estate professional throughout the process to ensure all legal and tax issues are considered and addressed. The Smolin team can assist with estate planning and ensuring that your plans are carried out as desired.

 

Smolin Wealth Advisors

Today’s business landscape and economy is constantly evolving. Managing wealth in this type of setting requires expertise, experience and a team of professionals with the knowledge to address your specific needs. The panel of Smolin Wealth Advisors is comprised of Certified Public Accountants, Certified Financial Planners, Personal Finance Specialists and Registered Investment Advisors. These industry leaders are able to provide a quality financial plan that takes all factors into consideration.

The first step in the process it to get to know you, your needs and your goals for wealth management. After understanding what you want and your financial position, our expert team is able to provide a personalized wealth management plan that addresses your needs and respects your desired level of risk. No two individuals have the same needs, therefore each plan is unique and designed to reach each client’s goals.

 

Information Technology

The field of Information Technology is constantly changing and improving. In order to be successful, organizations must be able to instantly adapt and adjust to new technologies and regulations.

Smolin IT professionals are able to address all of these needs and more, allowing your organization to react strategically to IT needs while continuing to focus on every day operations. Our IT advisory services team is uniquely qualified to support your business.

 

Transactional Advisory Support

In business, transactions run from simple cash sales to business acquisitions. Having the know-how to manage these transactions and all of the required regulations around those transactions can be difficult.  Successfully operating a business requires the ability to manage and navigate operations around these business transactions and to ensure that the business is compliant.

Smolin’s team of industry experts has the experience, talent and ability to assist your organization with managing transactions large and small. The Transactional Advisory Support team provides the assistance to ensure that all business transactions are done the right way, the first time.

 

Succeeding in business is no small feat and is the result of hard work, perseverance and dedication. There are a number of challenges in order to maintain competitive while managing costs and planning the future of your business. The advisory team at Smolin can provide the support and edge your organization needs to take your business to the next level.