Overview
Effective financial planning for executives and entrepreneurs is complex, dense, and impossible to reduce to a single, easy-to-understand formula. Designed to emphasize the importance of successful, targeted financial planning, this book begins by telling a story about a fictional, but plausible, power couple and their family who (spoiler alert!) do pretty much everything wrong in securing their financial future. In most cases, they don’t do the things needed because they don’t know what they are. Using this story as a case study of an executive and an entrepreneur, the book breaks down the case into chapters and offers practical discussions of all the key financial planning components—investment planning, tax planning, estate planning, philanthropic planning, risk management, and equity-based compensation to name a few—with the tools needed to tailor a plan for virtually every circumstance and need. While there is no single plan that works for everybody, this book provides a guide, with technical information alongside general themes, focused on how to build an effective financial plan. In addition to all the benefits of the first edition, this second edition provides significant new content and insights for the entrepreneur who is planning for a future liquidity event such as a sale. It also provides detail on how to manage concentrated ownership positions and on ESG investment strategies, a rapidly growing investment theme. Finally, the second edition includes tax, estate planning, regulatory, and other updates to reflect changes since the first edition was published.
Full Product Details
Author: Michael J. Nathanson ,
Jeffrey T. Craig ,
Jennifer A. Geoghegan ,
Nadine Gordon Lee
Publisher: Springer Nature Switzerland AG
Imprint: Springer Nature Switzerland AG
Edition: 2nd ed. 2021
Weight: 0.554kg
ISBN: 9783030653996
ISBN 10: 3030653994
Pages: 253
Publication Date: 23 April 2021
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: Manufactured on demand
We will order this item for you from a manufactured on demand supplier.
Author Information
Michael J. Nathanson is the Chair and Chief Executive Officer of The Colony Group, LLC. He is widely regarded as a leader in the wealth management industry and is committed to sharing his knowledge and experience with colleagues, clients, and the next generation of industry leaders. He is active in many industry-wide organizations and has served on numerous boards, including the Fidelity Institutional Wealth Services Advisor Council and the Schwab Advisor Services Advisory Board. Previously, he served on the Board of Advisors for Boston University’s Program for Financial Planners and as Co-Chairman of the Boston Bar Association Tax Section. Previously, Nathanson served as President, Chief Financial Officer, and General Counsel of The Colony Group. Prior to joining The Colony Group, he was a Senior Partner at the international law firm of Wilmer Cutler Pickering Hale and Dorr LLP, where he held several leadership positions. He earned his Juris Doctor, cum laude, from Harvard Law School, an LL.M. in Taxation from Boston University School of Law, and a Bachelor of Arts, summa cum laude, from Brandeis University, where he was elected to membership in Phi Beta Kappa and was the recipient of numerous academic honors. Additional Authors from The Colony Group include: Jeffrey T. Craig, CFP® Senior Vice President & Senior Wealth Advisor Jennifer A. Geoghegan, MBA Chief of Staff & Strategy Max B. Haspel Co-President, Business Owner Services & Senior Wealth Advisor Nadine Gordon Lee, CPA/PFS, CFP® Managing Director, Metro NY Offices & President, Colony Group Family Office Michael Haber, JD, CFP® Managing Director, Colony Wealth Management & Senior Wealth Advisor Seth P. Hieken, MSF, CFA Executive Vice President & Director of Proprietary Strategies Matthew C. Ilteris, CFP®, EA® Vice President & Senior Wealth Advisor D. Scott McDonald, MSFP, CFP® Senior Vice President & Senior Wealth Advisor Joseph A. Salvati, CFP® Senior Vice President & Senior Wealth Advisor Steven R. Stelljes, JD, CFP® President of Client Services
