AK Financial Group Business Financial Services

For many business owners, personal and business wealth are inextricably tied, creating unique cash flow and planning challenges. For more than four decades, AK Financial Group has served the diverse financial needs of family and privately-held businesses, professional practices, franchisees and more.

We bring deep insight and knowledge of the current business landscape to business owners who are seeking experienced guidance in managing both business finances and personal wealth. We’re adept at pointing out any gaps in important insurance coverage, and areas that may benefit from more cost-effective planning solutions.

We provide innovative solutions for your specific needs in these and other areas:

• Cash-flow optimization
• Business succession planning
• Retirement planning—including profit sharing, 401(k), and 403(b) plans
• SEP IRAs/SIMPLE IRAs
• Executive compensation plans
• Individual and group health insurance solutions
• Key person insurance

Business Succession Planning Strategies

Business succession planning helps to ensure that a smooth transition can occur when you’re ready to retire or sell your business. We believe succession planning should include the long-term goal of retirement, but should also focus on contingency planning to protect against unexpected events. We can assist you in developing a succession planning strategy that seeks to help: 

• Time your exit to maximize value (eliminating the risk of a fire sale)
• Ensure continuity of service for your clients or customers
• Provide for an efficient transfer of business to a successor or buyer of your choosing
• Retire on your schedule
• Remove emotional decision-making
• Provide career-path opportunities to existing associates and/or elevate key employees to owners
• Coordinate with your personal estate plan to minimize estate taxes
• Plan for the unexpected