Succession planning helps business owners maximize their company’s value to buyers, minimize taxes and risk to the business, and reduce the burden on family and key employees. Though the benefits are clear, it can be tough to know how to get started. Relationship Manager John Maddison, CFA, CFP®, highlights five initiatives business owners can undergo to ensure they and their businesses—like his alma mater’s storied basketball program—”score big.”
What private capital market opportunities exist today for entrepreneurs and investors in the Southeast?
There are several steps we suggest newly liquid entrepreneurs take to address their most immediate financial needs following a liquidity event.
Robert Balentine was recently a featured guest on the “School for Startups” radio show. In this interview, Robert discusses Balentine’s fee-only, transparent approach to investing, Balentine’s risk-based investment philosophy and the importance of culture in an entrepreneurial business. Click here to listen to Robert’s full interview.
For the past 10 years, Americans have enjoyed historically low tax rates. The Bush-era tax cuts passed in 2001 and 2003 created a six-tier tax bracket based upon personal income levels and a relatively low capital gains/qualified dividends tax rate. In 2008, investment and accounting professionals began discussing what to do when the 2001 and […]
“Though each client is unique, certain trends emerge among generations,” says Brittain Prigge, director of relationship management at Balentine, an Atlanta-based independent investment advisory firm.
At Balentine LLC, which manages $1.5 billion, Facebook just doesn’t fit into the strategy. “Growth investing is a tough game to play,” said Adrian Cronje, chief investment officer. “The evidence is really not behind people who try to play that game.” Investors in Facebook stock are paying too much for glamour, and not actual value, he said. “In one sense, Facebook is all about how they’re going to execute on the hope of a business plan,” Cronje said.
Alan McKnight, the director of global investment strategy at Balentine, said taking on currency exposure adds the risk that movements in the currency can influence the overall value of the asset regardless of the underlying characteristics of the asset.
The firm gives investors the ability to choose whether they want to be party to all decisions about their money, said President Jeff Adams. “We believe that offering both appropriate. There are still clients who prefer to make the decisions themselves,” he said. Still, “We have more clients than not that trust us to do it for them.”
“It’s been a good strategy for companies,” said Adrian Cronje, chief investment officer at Balentine LLC, which manages more than $1 billion in investments. The top line of a balance sheet, where revenue is listed, grew the most at companies that expanded their business into emerging markets outside the United States, he said.