Synergy Asset Management

Having the right professionals advising and assisting you is essential. Remember, once again, that you don’t know what you don’t know, so enlisting experts who do know will accelerate your success and provide the security you need to protect you and your business from unwanted and unnecessary obstacles.

Without elaboration, here is a basic list of the professional mentors your business should be relying upon from time to time as your business progresses along its path toward transition. While you will likely not require the services of all these professionals all at the same time, it’s a good tactic to have your financial advisor, or any one of these professionals, become the coordinator of your plan and the quarterback of your team. Remember, too, that a chain is only as strong as its weakest link, so you want this core advisory group to be as knowledgeable as you can reasonably afford.

Are these professionals on your team?

Their advice to you must be golden. It’s difficult to find one professional who can serve in multiple roles because these disciplines are so complex. In addition, having so many professionals advising you could also become seriously complicated because the advice of one may be in conflict with the advice of another.

Something to consider is the coordination of these advisors through a comprehensive plan that thoroughly defines your financial goals and objectives.

In addition, it is wise to assign the ongoing coordination of these experts to the professional who is acting as your team’s quarterback. You have a business to run, and that’s your expertise; that’s where your talents and skills should be applied. Likewise, your financial advisor’s expertise is focused on working with you to develop a plan that serves your purposes, and coordinates your advisors so their performance achieves your expressed goals.

Your financial planner’s role is to work with all of the other professionals on your financial team, acting as the quarterback, coordinating your financial plan with the expert advice provided by your trusted advisors. When selecting a financial advisor, choose one who is knowledgeable in several disciplines so your progress is expedited and more efficient.

Excerpt from pp. 6-8 of Exit Insight: Getting to “Sold!” by Joseph M. Maas, now available at Amazon

Copyright 2014 © Joseph M. Maas



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